Dilip Buildcon : Incorporation of a new SPV to undertake a project in Karnataka


Posted on March 24, 2018


Dilip Buildcon SPV

Dilip Buildcon SPV

Dilip Buildcon has incorporated a new SPV named as “DBL Bangalore Nidagatta Highways Private Limited” to undertake the below-mentioned project. The Details of the project given as under:
Details of Dilip Buildcon SPV

Project NHAI Bid Project Cost Mode DBL Bid Price 1st Year O&M quote Construction and Operation Period Length
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. Rs. 1984 Cr. Hybrid Annuity Rs.2190 Cr. Rs.3 Cr. Construction Period 30 Months | Operation Period 15 Years from COD. 56.20 km

 

Check the details of SPV here – https://www.bseindia.com/xml-data/corpfiling/AttachLive/f5c29655-6edd-416f-a08e-f5bf0257236d.pdf

Dilip Buildcon is road contractor and developer based out of Bhopal. Beginning in 2006, the company gained scale in road EPC, with the MP government increasing expenditure for the road network development. Dilip Buildcon gradually diversified from Madhya Pradesh government orders to Union and road projects from other states government.


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