Dilip Buildcon Ltd received an LOA from NHAI for a ₹8.79 billion project in Tamil Nadu. The contract involves four-laning a 46.665 km stretch of NH-49 under HAM, with a 24-month construction timeline and 15-year O&M period. The project strengthens DBL’s infrastructure portfolio and supports India’s highway expansion.
Dilip Buildcon Ltd (DBL) announced that it has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a major highway project valued at ₹8.79 billion. The project will be executed under the Hybrid Annuity Model (HAM) in Tamil Nadu, reinforcing DBL’s strong presence in India’s infrastructure sector.
Key Highlights
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Project Value: The contract is worth ₹8.79 billion (₹879.3 crore), reflecting DBL’s continued success in securing large-scale infrastructure projects.
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Scope of Work: The project involves four-laning of the Paramakudi to Ramanathapuram section of NH-49 (New NH-87), covering a stretch of 46.665 km.
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Execution Timeline: Construction is scheduled to be completed within 24 months, followed by an operation and maintenance period of 15 years.
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Strategic Importance: The project strengthens DBL’s portfolio in southern India and supports NHAI’s mission of expanding and modernizing national highways.
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Industry Context: With India’s infrastructure push gaining momentum, DBL’s win highlights its competitive edge and ability to deliver complex projects under HAM.
This development underscores DBL’s role as a leading infrastructure player, combining execution expertise with long-term operational commitments.
Sources: MarketScreener, Business Standard, Rahsta Expo