Dilip Buildcon wins Rs 20-bn hybrid annuity project from NHAI in Andhra

The construction period for the 50.8 km project is 30 months

Dilip Buildcon
Dilip Buildcon
Press Trust of India New Delhi
Last Updated : Feb 28 2018 | 4:36 PM IST
Highways builder Dilip Buildcon on Wednesday said that NHAI has declared it as the lowest bidder for a Rs 20.13 billion highway project in Andhra Pradesh to be done under hybrid annuity mode.

"The company has been declared L-1 bidder by the National Highways Authority of India (NHAI) for a new hybrid annuity project in Andhra Pradesh," Dilip Buildcon Ltd (DBL) said in BSE regulatory.

The project pertains to six-laning of Anandapuram-Pendurthi-Anakapalli section of NH 5 (new NH 16) from Km 681 to km 731.78 km under Bharatmala Pariyojna on hybrid annuity mode.

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DBL said it had bid for Rs 20.13 billion.

The construction period for the 50.8 km project is 30 months.
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First Published: Feb 28 2018 | 4:36 PM IST

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