The DBHL Project, a four lane highway with an aggregate length of 50.45 kms, comprising NH-151A* of Dhrol – Bhadra Patiya section (between Ex. km 5+70 to km 13+60 of SH-25) and Bhadra Patiya – Pipaliya section (between Ex. km 73+00 to km 44+80 and Ex. km 38+35 to km 24+00 of CSH-6) in Gujrat, operated by the National Highways Authority of India (“NHAI”);
The NHAI and DBHL entered into the concession agreement dated July 29, 2021 (the “DBHL Concession Agreement”). DBHL was engaged, on a design, build, operate and transfer basis, under the DBHL Concession Agreement to augment the existing road from Dhrol-Bhadra Patiya section of NH- 151 A* (Between Ex. km 5+70 to km 13+60 of SH-25) and Bhadra Patiya – Pipaliya Section of NH-151 A* (Between Ex. km 73+00 to km. 44+80 and Ex. km. 38+35 to 24+00 of CSH-6) in the State of Gujarat by Four-Laning thereof (the “Project”). This shall be partly financed by DBHL who shall recover its investment and costs through payments to be made by the NHAI, in accordance with the terms and conditions to be set forth in the DBHL Concession Agreement.
The DBHL Concession Agreement was granted for a period of 17 years (construction period of 730 days from the appointed date and operation period of 15 years commencing from the commercial operations date). NHAI has paid a portion of the completion cost, as specified in the DBHL Concession Agreement, as payments during construction period. The remaining shall be due and payable in biannual installments over a period of 15 years commencing from commercial operation date (“Annuity Payments”). Each of the biannual installments, as provided in the DBHL Concession Agreement, shall be paid along with the interest as specified in the DBHL Concession Agreement
As per the provisional certificate, DBHL achieved commercial operations date on September 25, 2023.
DBHL Project, part of NH-151A*, runs from Dodaballapur Bypass to Hoskote in the state of Gujarat.
The map above illustrates the location of the DBHL Project and the corridor it covers: