Dilip Buildcon declared L-1 bidder for NHAI project worth ₹688.23 Cr
Dilip Buildcon Limited has been declared the L-1 bidder by NHAI for a project worth ₹688.23 Cr in Maharashtra. The project involves constructing a 4-lane elevated corridor on NH-65. Execution is expected within 24 months, followed by a 15-year operation period.
The order value of ₹688.23 Crores is significant and contributes to the company's order book, indicating potential for future revenue and operational expansion.
The company has been declared L-1 bidder for a new order, which is positive for business growth and revenue.
Dilip Buildcon Limited (DBL) has been declared as the L-1 bidder for a significant infrastructure project by the National Highways Authority of India (NHAI). The project involves the construction of a 4-lane elevated corridor, including approaches, on NH-65 in Solapur City, Maharashtra, spanning from Old Pune Naka to Boramani Naka.
The contract is valued at ₹688.23 Crores (excluding GST) and is to be executed on a Hybrid Annuity Mode (HAM). The project's scope covers a length of 9.66 Km, with an execution timeline of 24 months. Following completion, there will be an operation period of 15 years from the Commercial Operation Date (COD).
This award signifies a new order for Dilip Buildcon Limited. In accordance with SEBI regulations, the company has made this disclosure. The trading window for dealing in the company's securities will remain closed for insiders until 48 hours after the public dissemination of this information.
What to do with a filing like this
Dilip Buildcon Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Dilip Buildcon Limited. Read the original for the full detail.