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Dilip Buildcon wins Rs 2,013-cr highway project from NHAI in AP

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Press Trust of India New Delhi

Highways builder Dilip Buildcon today said it has bagged a Rs 2,013-crore contract for a road project in Andhra Pradesh from NHAI.

"The company has incorporated a new SPV named as 'DBL Anandapuram Anakapalli Highways PRMTE Ltd" for six laning of Arandapuram-Pendurthi-Anakapalli section of NH-5 (new NH-16)," the company said in a a BSE filing.

The 50.8 km stretch in Andhra Pradesh will be undertaken on hybrid annuity mode under Bharatmala Pariyojana, it said.

The company said it has quoted Rs 2,013 crore for the project which has a construction period of 30 months.

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First Published: Mar 27 2018 | 9:05 PM IST

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