Dilip Buildcon bags EPC project worth Rs1,900cr in Bihar

On Sensex, the company's stock ended at Rs279.90 per piece up by 0.59%.

Jul 16, 2020 04:07 IST India Infoline News Service

Dilip Buildcon on Thursday announced that its subsidiary has received the letter of acceptance (LOA) from the National Highways Authority of India for an EPC project in the state of Bihar.

According to the regulatory filing, this new EPC project involves - construction of New Link NH-133B from Km 0.200 (Km 200.700 of Sahibganj Bypass) in Jharkhand to Km 15.885 (Km 25.240 of NH131A) including Ganga Bridge and Construction of Manihari Bypass from Km 0.000 (Km 25.240 of NH-131A) to Km 5.500 (Km 34.100 of NH-131A near Narenpur) and widening of NH-131A from Km 5.500 (Km 34.100 of NH-131A) to Km 6.000 (Km 34.600 of Nh-131A) in the state of Bihar to 4 lane Standards on EPC Mode Project.

The new EPC project covers 21.685 Km and has a bidding cost of Rs1900.08cr. The project is expected to be completed in 48 months.

On Sensex, the company's stock ended at Rs279.90 per piece up by 0.59%. The stock has touched an intraday high and low of Rs284.55 per piece and Rs271 per piece respectively. 

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