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The Bid Value of which is Rs1,668.50 crore, the company said.

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The Company merges as the Lowest Bidder for the project floated by Government of Madhya Pradesh-Water Resources Department.

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CPP Investments and the Ontario Teachers' Pension Fund are among the investors in the InvIT, which was established last year.

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This is pursuant to share purchase agreement by the Company and Ashoka Concessions Limited with India Infrastructure Fund (IIF).

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DBL is engaged in the business of construction, operation and maintenance of roads and highways.

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The Construction period is 18 months from commencement date.

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The project is to be completed within a period of 26 months.

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The Construction period is 912 days from the appointed date.

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The project floated by NHAI is the 4-Laning of Karimnagar Warangal Section of NH-563.

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The bid project cost is Rs1577 crore and expected completion period is 730 days from appointed date.

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