Dilip Buildcon surges 2% on emerging L-1 bidder for Rs1,400 crore project

11 Jul 2022 , 02:45 PM

Dilip Buildcon Limited has been declared as L1 bidder for ‘Gandhisagar-2 Multi-Village Water Supply Scheme’ in the state of Madhya Pradesh, order worth Rs1400.04 crore.

According to the filing, the details of the project is “Engineering. Procurement, Construction, Testing, Commissioning, Trial Run and Operation & Mainlenance of Various Components of Gandhisagar-2 Multi-Village Scheme, Districts Mandsaur and Neemuch in Single Package on ‘Turn-Key Job Basis’ including Trial Run and Operation & Maintenance of the Entire Water Supply Scheme for 10 Years in thc state of Madhya Pradesh”.

Further, the completion period for the project is 28 Months.

At around 2:45 PM, Dilip Buildcon was trading at Rs206.45 per share up by Rs4.7 or 2.33% from its previous closing of Rs201.75 per share on the BSE.