Wednesday , December 11 2019
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Dilip Buildcon’s arms receive sanction letters for HAM projects

Dilip Buildcon’s arms receive sanction letters for HAM projects

Dilip Buildcon’s wholly owned subsidiaries — DBL Rewa Sidhi Highway and DBL Chandikhole Bhadrak Highways — have received sanction letters to finance their Hybrid Annuity Mode (HAM) projects.

DBL Rewa Sidhi Highway is for Construction of Road Tunnel, viaduct and Churhat Bypass of Rewa Sidhi Section of NH 75E from Chainage 33.200 to Chainage 55.400 (Design Length 15.350 km.) as Cement Concrete Pavement configuration in the State of Madhya Pradesh on design, build, operate and transfer (the DBOT Annuity or Hybrid Annuity) basis for cost of Rs 1004 crore with construction period of 48 Months and operation period of 15 years.

Further, DBL Chandikhole Bhadrak Highways is for Rehabilitation and Up-gradation to Six-Laning of Chandikhole-Bhadrak Section of NH-5 (New NH-16) from km 62.000 to km 136.500 in the State of Odisha to be executed as Hybrid Annuity Project under NHDP Phase V for cost of Rs 1522 crore with construction period of 30 Months and operation period of 15 years.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.