Dilip Buildcon secures funds for ₹882-cr road project
Dhrol Bhadra Highways, the wholly-owned subsidiary of Dilip Buildcon, has achieved financial closure from the National Highways Authority of India for a road project in Gujarat. It includes the construction of four laning of Dhrol - Bhadra Patiya section of NH-151A (Between Ex. Km 5+700 to Km 13+600 of SH25) and Bhadra Patiya - Pipaliya Section of NH-151A (Between Ex. Km 73+000 to Km. 44+800 and also an extension of 38a350km to 24+000km of CSH-61 in Gujarat. The project has to be built under Public-Private Partnership (PPP) on design, build, operate and transfer (the "DBoT Annuity" or "Hybrid Annuity") basis at an investment of ₹882 crore.
📅Published on:
19 August 2021
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