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Dilip Buildcon’s arm gets financial closure for project in Maharashtra

12 Apr 2019 Evaluate

Dilip Buildcon’s wholly owned subsidiary -- DBL Borgaon Watambare Highways has received the financial closure dated April 11, 2019 from the National Highways Authority of India (NHAI) for the project of Four laning of Sangli-Solapur (Package-II: Borgaon to Watambare) section of NH-166 from existing Ch. km. 219.956 to Ch. 272.394 (Design Ch. km. 224.000 to km. 276.000) of length 52 km in the State of Maharashtra on Hybrid Annuity Mode. The bid project cost is Rs 1029.40 crore and the period of construction is 24 months.

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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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