StockWatch
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Civil Construction
Deals29 Oct 2026, 10:54 am

Dilip Buildcon Wins ₹688.23 Cr NHAI Project in Maharashtra

AI Summary

Dilip Buildcon Limited has secured a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a significant infrastructure project in Maharashtra. The project involves the construction of a 4-lane elevated corridor, including approaches, on NH-65 in Solapur City. The total value of the contract is ₹688.23 Crores (excluding GST). This project will be executed on a Hybrid Annuity Mode (HAM) and is expected to be completed within 24 months, with an operation period of 15 years from the Commercial Operation Date (COD). This award is a positive development for Dilip Buildcon, bolstering its order book and reinforcing its position in the road construction sector.

Key Highlights

  • Received LOA for ₹688.23 Cr NHAI project in Solapur, Maharashtra.
  • Project involves construction of a 4-lane elevated corridor on NH-65.
  • Contract to be executed on Hybrid Annuity Mode (HAM).
  • Project completion within 24 months, followed by a 15-year operation period.