Dilip Buildcon emerges lowest bidder for Rs 3,269 cr road projects

Dilip Buildcon emerges lowest bidder for Rs 3,269 cr road projects

Dilip Buildcon announced it has emerged as successful bidder of Rs 3,269 crore road projects in Maharashtra.

In a filing to the BSE, the highways developer said, “The National Highways Authority of India (NHAI) has declared Dilip Buildcon Limited, Bhopal, as the successful bidder [L-1] for three projects in a single stretch in the state of Maharashtra.”

According to the company, the projects include 4-laning of Mahagaon to Yavatmal section of NH-361 (package II) on hybrid annuity mode at a project cost of Rs 1,160.64 crore and four-laning of Yavatmal to Wardha section of NH-361 for Rs 1,043.28 crore.

The other project is 4-laning of Warciha-Butibori Section of NH-361 at a cost of of Rs 1,065.51 crore. All the projects are under hybrid annuity mode and would be done under National Highways Development Project.