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.