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MoRTH recalls ‘Machilipatnam to Avanigadda’ project awarded to Dilip Buildcon

31 Jan 2017 Evaluate

The Ministry of Road Transport & Highways, Government of India (MoRTH) has recalled the ‘Machilipatnam to Avanigadda’ project awarded to Dilip Buildcon in the state of Andhra Pradesh. MoRTH has recalled the project because L-1 Bid price is higher than the departmental estimate of Rs 222.90 crore.

MoRTH has recalled the project rehabilitation and up-gradation of Machilipatnam to Avanigadda section from Km 84/550 to Km 124/200 of NH-214A (New NH-216) to two lane with paved shoulder in the state of Andhra Pradesh under NHDP -IV through an Engineering, Procurement and Construction (EPC) basis where the company had been declared as the successful bidder (L-1) for the project.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.


Peers
Company Name CMP
Lodha Developers 1132.45
Prestige EstatesProj 1461.85
Dilip Buildcon 404.40
DLF 668.45
Oberoi Realty 1841.60
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