Business Update11 Nov 2026, 12:05 pm
Dilip Buildcon L-1 Bid for ₹901.43 Cr Srinagar Township Project
AI Summary
Dilip Buildcon Limited has been declared the L-1 bidder by NBCC (India) Limited for the 'Development of Satellite Township Phase-l, Package- 3 (Group Housing 02) including allied works at Rakh Gund Aksha, Bemina, Srinagar'. The project, valued at ₹901.43 Crores including GST, will be executed on an Engineering, Procurement, and Construction (EPC) basis, with an additional 2-year Operation & Maintenance period following 24 months of construction. This significant contract win in Jammu & Kashmir underscores the company's capabilities in large-scale infrastructure development.
Key Highlights
- Secured L-1 bidder status for a ₹901.43 Cr township development project.
- Project involves EPC basis with a 2-year Operation & Maintenance period.
- Contract awarded by NBCC (India) Limited in Srinagar, J&K.
- Construction completion expected within 24 months.
Price Impact
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