Malur Bangarpet Highways, a wholly-owned subsidiary of Dilip Buildcon, has received the letter of appointed date from the National Highways Authority of India (NHAI) and declared the appointed date with effect from 20 September 2021.
The scope of work includes four-laning from 26.400 km to 53.500 km of Malur to Bangarpet Section of Bangalore-Chennai Expressway on hybrid annuity mode (HAM) under Bharatmala Pariyojana in the state of Karnataka (Phase-I Package-II) with a road length of 27.10 km.
The bid project cost is Rs 1,279 crore and operations and maintenance cost in the first year is Rs three crore.
The completion period for the project is 24 months with operation period of 15 years from COD.