Dilip Buildcon wins Rs 1,137 cr contract from NHAI in Karnataka

New Delhi: Highways builder Dilip Buildcon Limited (DBL) on Tuesday said it has won a Rs 1,137 crore contract from NHAI in Karnataka.

The contract from the National Highways Authority of India (NHAI) has been won under Bharatmala Pariyojana.

”DBL has received the letter of acceptance (LoA) for a new HAM project ‘Sannur to Bikarnakette’ under Bharatmala Pariyojana in the state of Karnataka (package III),” the company said in a regulatory filing.

It said its bid project cost is Rs 1,137 crore.

The project, it said pertains to four-laning of the Sannur to Bikarnakette section of National Highway 169 on Hybrid Annuity Mode (HAM).

The completion period for the 45-kilometre project is 24 months.