Dilip Buildcon has on Tuesday announced that it has received provisional completion certificate as declaration of Commercial Operation Date (COD) prior to the scheduled completion date for the two road projects in Madhya Pradesh.
And consequently, the company is eligible to obtain bonus amount of Rs. 42.18 crore for completing the project before the schedule.
The first project of the company is the development of the Patan-Tendukheda-Rehli Road Section of the state highway no – 15 in the state of Madhya Pradesh on design, builds, finance, operate and transfer (DBFOT) on toll plus annuity basis for which the company is eligible to attain bonus of Rs 36.15 crore on prior completion.
The second project is of rehabilitation and up-gradation of Jabalpur-Mandla-Chilpi section of NH -12A in the state of Madhya Pradesh on Engineering, Procurement, and Construction (EPC) basis for which the bonus to be received by the company is Rs. 6.03 crore.