Dilip Buildcon top bidder for Rs 500 crore AP road project

Dilip Buildcon has claimed that it emerged the lowest bidder for a Rs 503 crore road project in the southern state of Andhra Pradesh.

In a filing to the BSE, it said, “Dilip Buildcon Ltd has been declared as the lowest-1 (L-1) bidder for the project of four-laning, rehabilitation and upgradation of NH-4 from Nalagampalli to AP and Karnataka Border… under NHDP-IV in Andhra Pradesh in EPC mode.”

“The contract amount for this four-lane NHAI project in EPC mode in the Andhra Pradesh project to be executed on the EPC basis is Rs 503.10 crore with 24 months of completion,” it added.

Image Credit : images.financialexpress.com

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