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DBL Bangalore Nidagatta Highways gets appointed date for road project

Friday, 07 Jun 2019
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DBL Bangalore Nidagatta Highways, a wholly-owned subsidiary of Dilip Buildcon, has received appointed date 14 May 2019 by the National Highways Authority of India (NHAI).

The project involves six-laning of Bengaluru-Nidagatta section 18.000 km to 74.200 km of NH-275 in the state of Karnataka to be executed on hybrid annuity mode (HAM).

The value of the project is Rs 2,190 crore with a construction period of 30 months. The financial closure for the project was achieved on 2 April 2019.

The operation period is 15 years from COD.


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