Dilip Buildcon executes EPC agreement with Rail Vikas Nigam

7 Mar 2022 , 11:40 AM

Dilip Buildcon Ltd has executed the EPC agreement with the Rail Vikas Nigam Limited (RVNL), Chandigarh on March 04, 2022.

As per the regulatory filing, the project is for “Construction of tunnels T14, TLs and T16, bridges and formation works from chainage 40+430 to 44+925, including slope protection works and allied works in connection with Bhanupali – Bilaspur – Beri new railway line in district Bilaspur of Himachal Pradesh State Pkg 5 Project”.

Further, the bid project cost is Rs636.98 crore and the estimated completion period is 24 months.

At around 11:44 AM, Dilip Buildcon was trading at Rs249.65 apiece down by Rs7.8 or 3.03% while Rail Vikas Nigam was also trading lower by 1.63% at Rs30.15 apiece on Monday trade.