Dilip Buildcon emerges L1-bidder for Rs1647 crore HAM project in Telangana

28 Mar 2022 , 11:06 AM

Dilip Buildcon Limited has been declared as L-l bidder for a new HAM project under Karimnagar Warangal section in the state of Telangana. The order is worth Rs1647 crore.

“The Company has declared as L-l bidder for the tender floated by the National Highways Authority of India on Hybrid Annuity basis in the state of Telangana,” the company said in a filing on Saturday.

The project is the 4-Laning of Karimnagar Warangal Section of NH-563 from Design Ch.48.860 km (near SH1 Ch. 170.400 km) at Manakondur bypass to Design Ch.116.875 km (existing Ch.144.050 km of NH-163) at Palvelpula near Hanamkooda- (Design Length 68.015 km) in Telangana on HAM under Bharatmala Padyojana.

At around 11.09 am, Dilip Buildcon Ltd was trading at Rs242.50 apiece down by Rs2.3 or 0.94% from its previous closing of Rs244.80 apiece on the BSE.