Deals28 Jul 2026, 11:50 am
Dilip Buildcon Wins ₹2524 Cr Canal Project
AI Summary
Dilip Buildcon Limited has been declared the L-1 bidder for a significant project by the Water Resources Department, Government of Chhattisgarh. The project involves the 'Construction of Sikasar to Kodar Reservoir Link Canal (Pipeline)' on a lump-sum mode. The total project cost is ₹2,524.32 Crores (excluding GST) and is to be completed within 30 months. This includes testing, trials, commissioning, and a 5-year operation and maintenance period post-construction. The company has also confirmed that the promoter/promoter group has no interest in the awarding entity and the contract does not fall under related party transactions.
Key Highlights
- Dilip Buildcon is L-1 bidder for a ₹2524.32 Cr project.
- Project involves canal construction and 5 years of O&M.
- Contract duration for execution is 30 months.
- No promoter interest in the awarding entity.
- Transaction is not a related party transaction.
Price Impact
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