NHAI grants financial closure for Dilip Buildcon’s arm

The National Highways Authority of India has issued a financial closure letter for the project “Construction of 4 lane Bangalore-Chennai Expressway from Km 127.000 (Bangarupalem) to Km 156.000 (Gudipala) Section in the State of Andhra Pradesh under Bharatmala on Hybrid Annuity Mode (Phase II / Package III)” to Bangarupalem Gudipala Highways Limited, a subsidy of Dilip Buildcon.

The project is estimated to cost Rs 1060.00 crore. The completion period is 24 Months and operation period is 15 years from COD.

Dilip Buildcon Limited (DBL) is a construction and infrastructure development company based at Bhopal, Madhya Pradesh in India. It was founded by Dilip Suryavanshi in 1987 and got incorporated in the Ministry of Corporate Affairs on 12 June 2006.

 

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