DBL Nidagatta Mysore Highways Limited (DNMHL), Karnataka

DBL Nidagatta Mysore Highways Limited (DNMHL) entered into a Concession Agreement dated April 20th, 2018, with National Highway Authority of India (the “Authority”). The DNMHL project was awarded to Dilip Buildcon Limited (DBL) by National Highway Authority of India on February 28th, 2018, for 15 years of Operation & Maintenance period along with Construction period of 2.5 Years from the Appointed Date i.e., December 10th, 2019, of the DNMHL Project, on a Hybrid Annuity Model (HAM). The Project have successfully achieved its COD on March 09th, 2023.

The Government of India had entrusted to the Authority the development, Maintenance, and management of National Highway No. 275 including the section from KM 74.200 to KM 135.304 (approx. 61.104 KM). The Authority had resolved to augment the existing road from KM 74.200 to KM 135.304 (approx. 61.104 KM) on the Nidagatta Mysore section of National Highway No. 275 in the state of Karnataka by Six laning thereof on design, build, operate and transfer (the ‘DBOT Annuity or Hybrid Annuity) basis.