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6-laning of NH5 road between Chandikhole and Bhadhrak

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Source: World Bank Group

Project
Active

The project envisages rehabilitation and upgrade to Six-Laning of Chandikhole-BhadrakSection of NH-5 (New NH-16) from km 62.000 to km 136.500 in the Srare of Odisha to be executed as Hybrid Annuity Project under NHDP phase V. SPV is DBL Chandikhole Bhadrak Highways Pvt Ltd a wholly owned subsidiary of Dilip Buildcon Limited. Total cost of the project is $ 214.72 million, the sponsor covers $ 60.58

Status
Prospective
Sector
Road, Commercial, Government, Manufacturing (Industrial)
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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The project “6-laning of NH5 road between Chandikhole and Bhadhrak” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project envisages rehabilitation and upgrade to Six-Laning of Chandikhole-BhadrakSection of NH-5 (New NH-16) from km 62.000 to km 136.500 in the Srare of Odisha to be executed as Hybrid Annuity Project under NHDP phase V. SPV is DBL Chandikhole Bhadrak Highways Pvt Ltd a wholly owned subsidiary of Dilip Buildcon Limited. Total cost of the project is $ 214.72 million, the sponsor covers $ 60.58 million, NHAI covers another 40 % of the total cost ($ 85.89 million) and the remaining of the finance is secured as a debt provided by SREI Infrastructure Finance in amount of $ 68.52 million. The period of the concession is 15 years in addition to that the construction period is 30 months. Financial close took place on September 4, 2018. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1c3e014b-f1e7-437a-9655-233bba9b94b2.pdf DL loans file

Original sector

Transport

Procurement method

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Commercial, Government, Manufacturing (Industrial)

Article published date

2024-09-20

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