DBL Received Provisional Completion Certificate For A DBFOMT Project
Dilip Buildcon Limited (DBL) informs that the project WCP-3: " Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Hassan - Ramanathapura - Periyapatna in the state of Karnataka on DBFOMT, Annuity Basis, has been completed. The Provisional Completion Certificate has been issued and declared fit for entry into commercial operation as on February 28, 2018, and consequently, the company is entitled to maximum bonus of 1(one) Annuity Payment of Rs. 26,28,00,000/- in lieu of earlier completion of the said Project. The Details for the following project are as under:
| Project | Mode | Project Cost (In crore) | Appointed date and Scheduled Completion Period | Scheduled Completion date | Provisional Completion date / Commercial Operation date |
| WCP-3: " Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Hassan - Ramanathapura - Periyapatna in the State of Karnataka on DBFOMT, Annuity Basis | Annuity | 254.61 | 29.09.2016 730 days from the Appointed date | 28.09.2018 Project completed 212 days prior to the Scheduled Completion date. | 28.02.2018 Project completed 212 days prior to the Scheduled Completion date. |
