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.

Research Desk

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