DBL Byrapura Challakere Highways Private Limited (DBCHPL) , Karnataka

DBL Byrapura Challakere Highways Private Limited (DBCHPL) was incorporated on March 22nd, 2018. DBBHL entered into a Concession Agreement dated May 09th, 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 May 9th, 2018, for 15 years of Operation & Maintenance period along with Construction period of 2 Years from the Appointed Date i.e., December 31st, 2018, of the DBCHL Project, on a Hybrid Annuity Model (HAM). The Project have successfully achieved its COD on December 15th, 2020.

The Government of India had entrusted to the Authority the development, Maintenance, and management of National Highway No. 150A including the section from KM 308.550 to KM 358.500 (approx. 49.950 KM). The Authority had resolved to augment the existing road from KM 308.550 to KM 358.500 (approx. 49.950 KM) on the Byrapura-Challakere 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.