Dilip Buildcon wins Rs 4,473 cr highway projects in Karnataka

NEW DELHI, Mar 2:Highways builder Dilip Buildcon Ltd (DBL) today said it has bagged two projects worth Rs 4,473 crore to be constructed under hybrid annuity mode.
In a BSE filing, the company said it “has received Letter of Award by the National Highways Authority of India (NHAI) for two new hybrid annuity projects in Karnataka”.
The project pertains to six-laning of 56 km Bangalore-Nidagatta section of NH 275 on hybrid annuity mode. The company got this project at a bid price of Rs 2,190 crore.
The second project is six-laning of km Nidagatta-Mysore Section of NH-275.
DBL said it had bid for Rs 2,283 crore. The construction period for the 61.104 km project is 30 months. (PTI)