DBL Subsidiaries Achieves Financial Closure For NHAI Projects
2019-05-02 Announcements Construction Southern India
DBL Mangloor Highways Private Limited, DBL Nidagatta Mysore Highways Private Limited, DBL Bangalore Nidagatta Highways Private Limited and DBL Bellary Byrapura Highways Private, wholly owned subsidiaries of Dilip Buildcon Limited (DBL) has received the financial closure letters from the National Highways Authority of India (NHAI) for the below-mentioned projects. 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 Bangalore Nidagatta Highways Private Limited - Six laning of Bangalore-Nidagatta Section km. 18.000 to km. 74.200 of NH-275 in the State of Karnataka to be executed on Hybrid Annuity Mode. | 2190.00 | Construction Period 30 Months | Operation Period 15 years from COD | 3.00 | April 02, 2019 |
DBL Mangloor Highways PrivateLimited - Four laming of NH-161 from Mangloor (Design Km 86.788/Existing Km 91.350) to Telangana/Maharastra Border (Design Km 135.751/Existing Km 140.873) (Design Length =48.963 Km) in the State of Telangana under Bharatmala Pariyojana on Hybrid Annuity Mode | 936.00 | Construction Period 24 Months | Operation Period 15 years from COD | 3.00 | April 10, 2019 |
DBL Nidagatta Mysore Highways Private Limited - Six- Laning from Nidagatta-Mysore Section from km 74.200 to km 135.304 of NH-275 in the State of Karnataka to be executed on Hybrid Annuity Mode. | 2283.50 | Construction Period 30 Months | Operation Period 15 years from COD | 3.00 | April 02, 2019 |
DBL Bellary Byrapura Highways Private Limited - Four Laning from kn 253.600 to kn 308.550 of Bellary to Byrapura Section of NH-150A on Hybrid Annuity Mode under Bharatsnala Pariyoiana in the State of Karnataka on Hybrid Annuity Mode Pkg - I | 1313.90 | Construction Period 24 Months | Operation Period 15 years from COD | 3.00 | April 09, 2019 |