The Bid Value of which is Rs1,668.50 crore, the company said.
The Company merges as the Lowest Bidder for the project floated by Government of Madhya Pradesh-Water Resources Department.
CPP Investments and the Ontario Teachers' Pension Fund are among the investors in the InvIT, which was established last year.
This is pursuant to share purchase agreement by the Company and Ashoka Concessions Limited with India Infrastructure Fund (IIF).
DBL is engaged in the business of construction, operation and maintenance of roads and highways.
The Construction period is 18 months from commencement date.
The project is to be completed within a period of 26 months.
The Construction period is 912 days from the appointed date.
The project floated by NHAI is the 4-Laning of Karimnagar Warangal Section of NH-563.
The bid project cost is Rs1577 crore and expected completion period is 730 days from appointed date.

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