Dilip Buildcon bags LoA for road project in Karnataka
ROADS & HIGHWAYS

Dilip Buildcon bags LoA for road project in Karnataka

The National Highways Authority of India (NHAI) has granted Dilip Buildcon Ltd a Letter of Acceptance (LoA) for a Rs 15,890 million road project in Karnataka, the infrastructure and construction company announced on December 17. According to a regulatory filing, the letter was received by the company on December 16.

From Maradgi S. Andola to the Baswantpur portion of NH150C, a six-lane "access-controlled greenfield highway" will be built. In the exchange filing, Dilip Buildcon indicated that the highway segment would be built over 65.50 km and would take 30 months to complete.

It further said that the project's operational duration would last for 15 years following the start of commercial operation.

The project is a component of the Center's Bharatmala Pariyojna programme, which aims to increase the nation's highway network.

Two days after the company's joint venture with RBL Bank completed the contract execution for a 10,610 million project that it had won from the Surat Metro Rail Corporation, Dilip Buildcon made its announcement.

The National Highways Authority of India (NHAI) has granted Dilip Buildcon Ltd a Letter of Acceptance (LoA) for a Rs 15,890 million road project in Karnataka, the infrastructure and construction company announced on December 17. According to a regulatory filing, the letter was received by the company on December 16. From Maradgi S. Andola to the Baswantpur portion of NH150C, a six-lane access-controlled greenfield highway will be built. In the exchange filing, Dilip Buildcon indicated that the highway segment would be built over 65.50 km and would take 30 months to complete. It further said that the project's operational duration would last for 15 years following the start of commercial operation. The project is a component of the Center's Bharatmala Pariyojna programme, which aims to increase the nation's highway network. Two days after the company's joint venture with RBL Bank completed the contract execution for a 10,610 million project that it had won from the Surat Metro Rail Corporation, Dilip Buildcon made its announcement.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000