Highways builder Dilip Buildcon on Wednesday said its joint venture has emerged as the lowest bidder for a stretch of the Delhi-Vadodara expressway in Rajasthan.
The company had bid Rs 1,000.08 crore for the project to be executed under Bharatmala Pariyojna.
“Dilip Buildcon through JV has been declared as L-1 bidder for a new EPC (engineering, procurement and construction) project viz ‘construction of eight-lane access-controlled expressway starting near the junction with NH 12 near village Ummedpura to major bridge over Takli river near Nayagaon Jageer village section of Delhi-Vadodara greenfield alignment under Bharatmala in Rajasthan,” the company said in a regulatory filing.
It said the company through its joint venture Dilip Buildcon Ltd – Altis Holding Corporation has been declared as the lowest bidder by the National Highways Authority of India (NHAI).
The completion period for the 8.3-km project is 30 months, it added.
Source: Business-Standard