On February 7, 2022, Dilip Buildcon Ltd wholly owned subsidiary, ‘Bangarupalem Gudipala Highways Private Limited,’ signed a concession agreement with the National Highways Authority of India (Ministry of Road Transport & Highways).
The project is for the construction of a 4-lane Bangalore-Chennai Expressway in the state of Andhra Pradesh under Bharabrala on Hybrid Annuity Mode (Phase II / Packase III) from Km 127.000 [Bangarupalem] to Km 156.000 (Gudipala).
The estimated cost of the project is Rs. 1060.00 crores.
