Deals29 March 2026 at 10:31 am
Deepak Builders Emerges as L1 Bidder for Rs. 474.25 Crore Construction Project
AI Summary
Deepak Builders and Engineers India Ltd. has emerged as the L1 bidder for the construction of 12 high-rise residential buildings using monolithic construction technology. The project, valued at Rs. 474.25 crores, includes associated parking facilities, a sewerage treatment plant, utility infrastructure, roadworks, and other amenities. Upon award of the project, the total value of projects in hand of the Company will approximate Rs. 2,000 Crores. This development marks a significant step for the company in the construction sector.
Key Highlights
- Deepak Builders is the L1 bidder for a Rs. 474.25 crore construction project
- The project includes the construction of 12 high-rise residential buildings and associated facilities
- Upon award, the total value of projects in hand of the Company will approximate Rs. 2,000 Crores
- The project is located near the Panipat Refinery & Petrochemical Complex Township of IOCL in Haryana
- This deal marks a significant step for the company in the construction sector