MoneyWorks4Me

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

08 May 2019 Evaluate

Dilip Buildcon’s wholly owned subsidiary -- Mangalwedha Solapur Highways has received the financial closure letter dated May 7, 2019 from the National Highways Authority of India (NHAI) for the project of four laning of Sangli-Solapur Section of NH-166 from existing Ch.km. 314.969 to Ch. 370.452 of length 56.500 Km in the state of Maharashtra on Hybrid Annuity Mode. The bid project cost is Rs 1141.00 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 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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