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Dilip Buildcon receives provisional completion certificate for road project in Madhya Pradesh

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Capital Market

To receives bonus of Rs 10.20 crore for completing project ahead of schedule

Dilip Buildcon has received the Provisional Completion Certificate as declaration of Commercial Operation Date (COD), 100 days prior to the Scheduled Completion Date for the Project of Rehabilitation and Up-gradation of existing road to 2 lane with Paved Shoulder as Cement Concrete Pavement configuration Katni-Shahdol-Anuppur to MP/Chhattisgarh Border (NH-78), from existing Km. 142/200 to 245/0 Design Length 91.800 km in the state of Madhya Pradesh on Engineering, Procurement and Construction (EPC) basis.

The Project (details of which are provided herein below) has been declared fit for entry into commercial operations w.e.f. 17 February, 2017 and the Company is entitled to a maximum amount of bonus of Rs.10.20 crore in lieu of earlier completion of the said Project.

 

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First Published: Apr 03 2017 | 9:18 AM IST

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