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Dilip Buildcon receives provisional completion certificate for road project on NH-167 in Andhra Pradesh

Capital Market 

Entitles to receive bonus of Rs 4.92 crore for completing project ahead of schedule

Dilip Buildcon has received the provisional Completion Certificate and declared fit for entry into operation w.e.f. 15 February, 2017, for the project of 'Adoni to Madhavaram via Mantralayam Section (NH-167) Road' Total Length 55.15 Km two lane with paved shoulders in the state of under Corridor Approach Engineering, Procurement and Construction (EPC) basis. Further, the Company has successfully completed the said project 102 days prior to the schedule Completion date and in lieu of the earlier completion of the Project, Company is entitled to received the maximum Bonus amount Rs. 4.92 crore.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 21 2017. 12:09 IST