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Dilip Buildcon’s arm executes concession agreement with NHAI for Andhra Pradesh project

08 Jun 2023 Evaluate

Dilip Buildcon’s wholly owned subsidiary -- Bengaluru-Vijayawada Expressway Package-7 has executed the concession agreement with the National Highways Authority of India (NHAI) (Ministry of Road Transport and Highways) on June 07, 2023 for ‘Development of Six Lane Access Controlled Greenfield Highway from Audireddipalle (Ch. 160+000) to Mallapalle (Ch. 176+000) of (NH544G) Bengaluru - Vijayawada Economic Corridor on HAM Mode under Bharatmala Pariyojana Phase-I in the State of Andhra Pradesh (Package07).’ The bid project cost is Rs 780.12 crore. The Completion period of the project 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 1119.00
Prestige EstatesProj 1454.45
Dilip Buildcon 407.50
DLF 664.80
Oberoi Realty 1830.10
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