Dilip Buildcon bags road project in Bihar

Dilip Buildcon in a filing to BSE has informed the Company has been declared as L-1 bidder for the tender floated by the National Highways Authority of India on Hybrid Annuity Mode (HAM) in the state of Bihar.

As per the filing the company will execute 'Construction and upgradation of NH-131A from Km 34.600 (design Ch: 6.000) near Narenpur to Km 79.970 (design Ch: 53.000) near Purnea to 4 lane standard and from Km 79.970 (design Ch: 53.000) to Km 82.000 (design Ch: 55.000) near Purnea to 2 lane with paved Shoulders standard in the State of Bihar on (Hybrid Annuity) Mode Project.'

The total length of the project is 49-kms. The bid project cost of the project is ₹1905 crore. The completion period is two years and operation period 15 years from COD.