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Dilip Buildcon’s arm executes concession agreement with NHAI

27 Oct 2020 Evaluate

Dilip Buildcon's wholly owned subsidiary-- Narenpur Purnea Highways has executed the concession agreement with the National Highways Authority of India (NHAI) on October 24, 2020. 

The project for the construction and upgradation of NH 131A from Km 34.600 near Narenpur to Km 79.970 near Purnea to 4 lane standard from Km 79.970 to Km 82.000 near Purnea to 2 lane with paved shoulders standard in the state of Bihar on a Hybrid Annuity mode. The bid project cost is Rs 1905 crore. The order is to be completed in 24 months and the operation period is 15 years from COD.

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 1116.00
Prestige EstatesProj 1452.45
Dilip Buildcon 406.90
DLF 664.00
Oberoi Realty 1825.20
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