Dilip Buildcon Secures Rs. 668 Crore Flood Protection Project
Filing Summary
Dilip Buildcon Limited has been declared the L-1 bidder for a project involving the construction of a flood protection embankment on the Narmada River in Bharuch, Gujarat. The project, awarded by the Narmada Water Resources Water Supply & Kalpasar Department, is valued at Rs. 668 Crore, excluding GST. It will be executed on an Engineering, Procurement, and Construction (EPC) basis over a 24-month period. The project does not involve any related party transactions, and there is no promoter interest in the awarding entity.
Dilip Buildcon Limited has been declared as the L-1 bidder for the project titled “Construction of the Flood Protection Embankment on river Narmada, District Bharuch.” This project is awarded by the Narmada Water Resources Water Supply & Kalpasar Department of the Government of Gujarat. The order is valued at Rs. 668 Crore, excluding GST, and will be executed on an Engineering, Procurement, and Construction (EPC) basis.
The project involves the construction of a flood protection embankment on the Narmada River in Bharuch district. The completion period for this project is set at 24 months. The contract awarded is a general contract under the L1 category, indicating that Dilip Buildcon submitted the lowest bid among competitors.
The project is domestic in nature, with no international entities involved. There are no related party transactions associated with this contract, and the promoter or promoter group companies of Dilip Buildcon have no interest in the awarding entity. The trading window for dealing in the securities of Dilip Buildcon will remain closed for insiders and designated persons until 48 hours after the public disclosure of this information.
The Narmada Water Resources Water Supply & Kalpasar Department is responsible for managing water resources and supply in Gujarat. The department focuses on projects that enhance water management and infrastructure development in the region.
Dilip Buildcon Limited is a prominent infrastructure development company in India. The company specializes in executing large-scale projects across various sectors, including roads, bridges, and water management. Dilip Buildcon prioritizes timely project delivery and maintaining high standards of quality in its operations.