Dilip Buildcon has been declared as the lowest bidder (L1) for Package-VII of Bengaluru-Vijayawada Economic Corridor in Andhra Pradesh. The contract is worth Rs 780.12 crore.
The six- laning of the access controlled greenfield highway will stretch from Audireddipalle (ch. 160 + 000) to Mallapalle ch. 176+000) of [NH-544G]. A total length of 16 km will be covered under the package.
As per the contract terms, the work is to be completed within 24 months. It includes an operation period of 15 years, from the commercial operation date (COD).
The expressway will be developed as part of Bharatmala Pariyojana (BMP) under Phase-1, and will be executed on hybrid annuity model (HAM) basis.