Dilip Buildcon receives Completion Certificate for road project in Madhya Pradesh

Capital Market 

Entitled to bonus of Rs 4.86 cr for completion of project ahead of schedule

Dilip Buildcon has received the Completion Certificate as declaration of Commercial Operation Date (COD), 150 days prior to the Scheduled Completion Date for the Project of Rehabilitation and Up-grading the existing road at 1) Badnagar-Sundarabad Kharsodkalan-Unhel (Length 51.309 Km) from existing Km. 0+00 to Km.51+309 intermediate laning / two laning with paved/hard shoulder; and 2) Sundarabad-Runija-Khachrod & Runija-Satrunda Road (Length 43.792 Km) in intermediate /two laning with paved /hard shoulder on EPC basis in the State of Madhya Pradesh. The Project has been declared fit for entry into commercial operations w.e.f. 28 March, 2017 and the Company is entitled to a maximum amount of bonus of Rs.4.86 crore in lieu of earlier completion of the said Project.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dilip Buildcon receives Completion Certificate for road project in Madhya Pradesh

Entitled to bonus of Rs 4.86 cr for completion of project ahead of schedule

Entitled to bonus of Rs 4.86 cr for completion of project ahead of schedule

Dilip Buildcon has received the Completion Certificate as declaration of Commercial Operation Date (COD), 150 days prior to the Scheduled Completion Date for the Project of Rehabilitation and Up-grading the existing road at 1) Badnagar-Sundarabad Kharsodkalan-Unhel (Length 51.309 Km) from existing Km. 0+00 to Km.51+309 intermediate laning / two laning with paved/hard shoulder; and 2) Sundarabad-Runija-Khachrod & Runija-Satrunda Road (Length 43.792 Km) in intermediate /two laning with paved /hard shoulder on EPC basis in the State of Madhya Pradesh. The Project has been declared fit for entry into commercial operations w.e.f. 28 March, 2017 and the Company is entitled to a maximum amount of bonus of Rs.4.86 crore in lieu of earlier completion of the said Project.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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