Dilip Buildcon gained 1.98% to Rs 679.95 after the company said it has been declared as lowest (L-1) bidder for two new projects aggregating to Rs 2241 crore in Tamil Nadu and Puducherry.Dilip Buildcon has been declared as L-1 bidder for the tenders floated by the National Highways Authority of India (NHAI) on Hybrid Annuity basis in the state of Tamil Nadu and Union Territory of Puducherry.
The first project involves four laning 29 kms of Viluppuram Puducherry secton of NH 45A (New NH 332) under Bharatmala Pariyoiana Phase I. The bid project cost is Rs 1013 crore.
The second order calls for four laning 38 kms of Puducherry-Poondiyankuppam section of NH-45A under Bharatmala Pariyoiana Phase I. The bid project cost is Rs 1228 crore.
9 toll staff held for issuing fake receipts
9 toll staff held for issuing fake receipts
ByVijay ChavanVijay Chavan / Updated: Feb 26, 2021, 06:00 IST
Rajgad police recover false tickets, other materials worth Rs 71,000 from Khed-Shivapur plaza after alert commuter files plaint
In order to stop the practice of exerting influence to avoid paying toll charges and to reduce congestion and waiting time, the authorities had enforced a FASTag system on highways under the
National Highways Authority of India (NHAI). But it has come to light that staffers associated with the body have been indulging in malpractices.
Rajgad police on Thursday arrested nine employees deployed at the Khed-Shivapur toll plaza at Pune-Satara highway for allegedly being involved in issuing fake toll receipts to motorists. Police have received 30 fake toll receipts along with printers, mobile phones, paper rolls, etc., costing Rs 71,000 from the accused.
Project Details -
1. 4 laning from km 0.000 to km 26.400
(along with 0.700km approach
towards NH 207 with interchange on
NH4 at start point) of Bangalore to
Malur Section of Bangalore Chennai
Expressway on Hybrid Annuity Mode
under Bharatmala Pariyojna, in the
state of Karnataka (Phase-I Package I)
Bid project cost - Rs 1160 crore
2. 4 Lane Expressway from km 26.400 to
km 53.500 of Malur to Bangarpet
Section of Bangalore Chennai
Expressway on Hybrid Annuity Mode
under Bharatmala Pariyojna in the
state of Karnataka (Phase-I Package II).
Bid project cost - Rs 1279 crore
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Dilip Buildcon rose 3.43% to Rs 651.75 after the company said it was declared as the lowest (L1) bidder for two tenders floated by the National Highways Authority of India on hybrid annuity basis (HAM) in Karnataka.The scope of first project involves four laning Bangalore to Malur section of Bangalore Chennai Expressway on HAM under Bharatmala Pariyojna. The bid project cost is Rs 1,160 crore and it is to be completed in 24 months. The length of the project is 27.10 kilometre with an operation period of 15 years.
The second project is for four laning of expressway from Malur to Bangarpet on Bangalore Chennai Expressway on HAM under Bharatmala Pariyojna. The bid project cost is Rs 1279 crore and the project is to be completed in 24 months. The length of project is 27.10 kilometres with an operation period of 15 years.