Dilip build­con forms 5 spvs for Nhai projects

Realty Plus - - News -

Dilip­build­con­has an­nounced in­cor­po­ra­tion of five new SPVS for projects worth Rs 6,306.9 crore awarded by Na­tional High­ways Au­thor­ity of In­dia.the SPV firms are DBL Nida­gatta Mysore High­ways, DBL Gorharkhal­rahrnda High­ways, DBL Man­gloor High­ways, DBL Bor­gaon­watam­bare High­ways and DBL Man­gal­wed­ha­so­la­pur High­ways.un­der HAM, the gov­ern­ment com­mits up to 40 per cent of a pro­ject cost and hands it over to the de­vel­oper, who has to fund the bal­ance 60 per cent with debt and equity.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.