Dilip Buildcon Secures ₹3400 Crore EPC Contract from Adani
Filing Summary
Dilip Buildcon Limited has received a letter of award from Adani Road Transport Limited for the construction of the Ganga Path connecting Sultanganj-Bhagalpur-Sabour Road. The project, awarded on a back-to-back basis, is valued at ₹3400 Crore, excluding GST. The employer of the project is Bihar State Road Development Corporation Limited. The contract involves Engineering, Procurement, and Construction (EPC) works over a period of 42 months. The project covers a length of 41.090 kilometers. This contract does not involve related party transactions and the promoter group has no interest in the awarding entity.
Dilip Buildcon Limited has received a letter of award from Adani Road Transport Limited for the construction of the Ganga Path connecting Sultanganj-Bhagalpur-Sabour Road. The project is awarded on a back-to-back basis and is valued at ₹3400 Crore, excluding GST. The employer of the project is Bihar State Road Development Corporation Limited.
The contract involves the execution of Engineering, Procurement, and Construction (EPC) works. The scope of work includes design, engineering, procurement, construction, testing, and commissioning of the project. The construction period is set for 42 months from the commencement date, covering a total length of 41.090 kilometers.
The project is a domestic contract and does not involve any related party transactions. The promoter group of Dilip Buildcon has no interest in the entity that awarded the contract. The trading window for dealing in the securities of the company will remain closed for all insiders and designated persons until 48 hours after the information is made public.
Adani Road Transport Limited is a part of the Adani Group, focusing on infrastructure development, particularly in the road transport sector. The company is involved in various projects aimed at enhancing transportation infrastructure across India.
Dilip Buildcon Limited is a leading infrastructure development company in India, specializing in the construction of roads, bridges, and other civil engineering projects. The company focuses on executing projects with a strong emphasis on quality and timely delivery.