Dilip Buildcon has received provisional completion certificate from the National Highways Authority of India (NHAI) for Byrapura to Challakere section.
The scope of work was four-laning from 308.550 km to 358.500 km Byrapura to Challakere section of NH-I50 A, on hybrid annuity mode (HAM), under Bharatmala Pariyojana (Package-II) in Karnataka.
The project cost is Rs 841.70 crore. The appointed date for the road project was 31 December 2018.
The provisional completion certificate has been issued by the authority and had declared the project fit for entry into commercial operation as on 15 December 2020 and consequently the company is entitled to receive the bonus of Rs 8.84 crore in-lieu of early completion i.e. 105 days prior to the revised scheduled completion date of the project. The revised scheduled date was 30 March 2021.