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Dilip Buildcon has been declared as the lowest bidder by NHAI for a Rs 2,013-crore highway project in Andhra Pradesh to be done under hybrid annuity mode.
“The company has been declared L-1 bidder by the National Highways Authority of India (NHAI) for a new hybrid annuity project in Andhra Pradesh,” Dilip Buildcon Ltd (DBL) said in a BSE filing today.
The project pertains to six-laning of Anandapuram-Pendurthi-Anakapalli section of NH 5 (new NH 16) from Km 681 to Km 731.78 under Bharatmala Pariyojna scheme. Construction period for the 50.8-km project is 30 months.
The company shares ended flat at Rs 940.20 on the BSE.
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