Dilip Buildcon Ltd receives LOA for new HAM project Bangalore-Chennai Expressway under Bharatmala worth Rs. 1060 Crores.

Dilip Buildcon Ltd. (DBL) has received the letter of acceptance (LOA) on September 15, 2021 from the National Highways Authority oflndia on Hybrid Annuity basis in the state of Andhra Pradesh.

The project is for Construction of 4-lane Bangalore-Chennai Expressway from Km 127.000 (Bangarupalem) to Km 156.000 (Gudipala) Section in the State of Andhra Pradesh under Bharatmala on Hybrid Annuity Mode (Phase II / Package III).

The bid project cost is Rs. 1060.00 crores. The completion period is 24 Months and Operation period is for 15 years from COD.

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