Dilip Buildcon Limited has informed the Exchange about General Updates
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Dilip Buildcon has received the Provisional Completion Certificate from the authority for its highway project 'Raipur-Visakhapatnam-CG-2 Highways,' which has been declared fit for commercial operation as of April 8, 2025. The project involves developing a six-lane, 56.7 km stretch of NH-130-CD in Chhattisgarh under the Hybrid Annuity Mode (HAM) at a bid cost of INR 1,255 crore. The project was completed within its scheduled 24-month timeline with no delay. The company will operate and maintain the stretch for 15 years from the commercial operation date.
Completing this large INR 1,255 crore project on schedule is a positive operational signal, allowing the company to start recognising annuity payments and toll revenue under the HAM model. It also strengthens Dilip Buildcon's execution track record, which may boost investor confidence in its ability to deliver pending projects on time.