India, March 5 -- Dilip Buildcon has received the letter of acceptance (LoA) on 4 March 2021 for two projects worth Rs 2439 crore from the National Highways Authority of India (NHAI) on Hybrid Annuity basis in Karnataka.
The scope of first project involves four laning Bangalore to Malur section of Bangalore Chennai Expressway on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojna. The bid project cost is Rs 1,160 crore and it is to be completed in 24 months. The length of the project is 27.10 kilometre with an operation period of 15 years.
The second project is for four laning of expressway from Malur to Bangarpet on Bangalore Chennai Expressway on HAM under Bharatmala Pariyojna. The bid project cost is Rs 1279 crore and the project is t...