Dilip Buildcon Limited has been declared the Lowest Bidder (L1) for the prestigious “Development of Satellite Township Phase-I, Package-3 (Group Housing 02)” project in Srinagar, Jammu & Kashmir. The contract, awarded by NBCC (India) Limited, is valued at ₹901.43 Crores and includes design, engineering, procurement, construction (EPC), and a 2-year operation and maintenance period. This significant win enhances the company’s order book and future revenue stream.
Major Project Award for Dilip Buildcon
Dilip Buildcon Limited has announced its selection as the L1 bidder for a substantial infrastructure project. The project, titled “Development of Satellite Township Phase-I, Package-3 (Group Housing 02) including allied works at Rakh Gund Aksha, Bemina, Srinagar (J&K)”, was floated by the National Buildings Construction Corporation Limited (NBCC India) Limited.
Project Details and Value
The contract scope encompasses design, engineering, procurement, and construction (EPC) on a turnkey basis, coupled with a 2-year operation and maintenance period. The total value of this significant order is approximately ₹901.43 Crores, including Goods and Services Tax (GST). The project is located in the state of Jammu & Kashmir.
Timeline and Execution
The project entails a 24-month period for the completion of construction works. Following the construction phase, the company will be responsible for the operation and maintenance of the developed facilities for an additional 2 years. This marks a substantial addition to Dilip Buildcon’s order book, underscoring its capability in executing large-scale infrastructure developments.
Source: BSE
