Corporate News     15-Apr-23
Dilip Buildcon incorporates two SPVs for Bengaluru-Vijayawada Expressway project
Dilip Buildcon has incorporated two new special purpose vehicles (SPVs) as wholly owned subsidiaries of the company as follows:

1.Bengaluru-Vijayawada Expressway Package-1
Project details - “Development of Six-Lane Access Controlled Greenfield Highway from Kodur (Ch. 0.000) to Vanavolu (Ch. 24.300) [NH-544G] Bengaluru – Vijayawada Economic Corridor on HAM Mode under Bharatmala Pariyojana Phase-I in the State of Andhra Pradesh (Package-1).”
Bid project cost - Rs 599.50 crore

2. Bengaluru-Vijayawada Expressway Package-4
Project details - “Development of Six-Lane Access Controlled Greenfield Highway from Odulapalle (Ch.72+000) to Nallacheruvu-palli (Ch. 96+300) of [NH-544G] Bengaluru Vijayawada Economic Corridor on HAM Mode under Bharatmala Pariyojana Phase-I in the State of Andhra Pradesh (Package-4).”
Bid project cost - Rs 774.10 crore

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