Dilip Buildcon JV inks pact with NHAI for Rs 1,000-crore highway project in Rajasthan
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Last Updated: Jan 28, 2021, 03:45 PM IST
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Synopsis Dilip Buildcon Limited - Altis-Holding-Corporation (DBLAHC IV) has executed an EPC agreement on January 27, 2021, with the National Highways Authority of India for an EPC project in the state of Rajasthan, highways developer Dilip Buildcon said in a filing to the BSE.
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The bid project cost is Rs 1,000 crore and the completion period for the 8.30 km project is 30 months.
New Delhi:
Dilip Buildcon on Thursday said its joint venture (JV) has entered into a pact with the National Highways Authority of India for a Rs 1,000-crore highway project in Rajasthan. The project will be built on the engineering-procurement-construction (EPC) mode.
Dilip Buildcon Ltd - Altis-Holding Corporation JV receives LOA for new EPC project
Posted On: 2020-12-22 20:36:18 (Time Zone: Arizona, USA)
Dilip Buildcon Limited-M/s ALTIS-HOLDING CORPORATION (DBL AHC JV) has received letter of acceptance (LOA) for a new EPC Project: Construction of Eight Lane access controlled Expressway starting near Junction with NH-12 near village Ummedpura to Major bridge over Takli river near Nayagaon Jageer village (Ch. 419.000-427.300) section of Delhi - Vadodara Green field Alignment (NH-148N) in the State of Rajasthan on EPC Mode (Pkg-15)
The Company through JV i.e. Dilip Buildcon Limited-M/s ALTIS-HOLDING CORPORATION (DBL AHC JV) has received the letter of acceptance (LOA) on December 22, 2020 from the NHAI in the State of Rajasthan on EPC Mode.
Dilip Buildcon jumped 3.90% to Rs 373.90 after the company said its joint venture has received the letter of acceptance (LoA) on 22 December 2020 from the National Highway Authority of India (NHAI) for a new EPC project in Rajasthan.
The project calls for the construction of eight lane access-controlled expressway starting near Junction with NH-12 near village Ummedpura to major bridge over Takli river near Nayagaon Jageer village (Ch. 419.000-427.300) section of Delhi - Vadodara Green field Alignment (NH-148N) in Rajasthan on EPC Mode (Pkg-15).
Dilip Buildcon, through its joint venture (JV) i.e. Dilip Buildcon - Altis Holding Corporation has received the LoA from NHAI. The 8.30-km long project has bid cost of Rs 1,000.08 crore and has a completion period of 30 months. The announcement was made before market hours today, 23 December 2020.