DBL Mangalwedha Achieves Financial Closure For NHAI Project

DBL Mangalwedha Solapur Highways Private Limited, wholly owned subsidiary of the Dilip Buildcon Limited (DBL) has received the financial closure letter from the National Highways Authority of India (NHAI) for the below-mentioned project. The details of the project are as under:

Name of SPV and Project DBL Bid project cost (INR in Cr.) Construction period Operation period 1st year O&M quote (INR in Cr.) Date of Financial Closure DBL Mangalwedha Solapur Highways Private Limited

Four laning of Sangli-Solapur (Package-IV: Mangalwedha to Solapur) Section of NH-166 from existing Ch. km. 314.969 to Ch. 370.452 (Design Ch. km. 321.600 to km. 378.100) of length 56.500 km in the state of Maharashtra on hybrid annuity mode.