DBL Bellary Byrapura Highways Limited (DBBHL), Karnataka

DBL Bellary Byrapura Highways Limited (DBBHL) was incorporated on July 12th, 2018. DBBHL entered into a Concession Agreement dated July 16th, 2018, with National Highway Authority of India (the “Authority”). The DBBHL project was awarded to Dilip Buildcon Limited (DBL) by National Highway Authority of India on June 1st, 2018, for 15 years of Operation & Maintenance period along with Construction period of 2 Years from the Appointed Date i.e., October 24th, 2018, of the DBBHL Project, on a Hybrid Annuity Model (HAM). The Project have successfully achieved its COD on January 19th, 2022.

The Government of India had entrusted to the Authority the development, Maintenance, and management of National Highway No. 150A including the section from KM 266.820 to KM 308.550 (approx. 55.550 KM). The Authority had resolved to augment the existing road from KM 266.820 to KM 308.550 (approx. 55.550 KM) on the Bellary-Byrapura section of National Highway No. 150A in the state of Karnataka by Four laning thereof on design, build, operate and transfer (the ‘DBOT Annuity or Hybrid Annuity) basis.