Dilip Buildcon Limited (DBL) has been declared the L-1 bidder for a significant project in Haryana, valued at ₹419.47 crore. The contract is for the ‘Construction of Depot cum Workshop including Civil works, Architectural works and E&M works, for Elevated Corridor of Gurgaon Metro at Sector 33, Gurugram, India.’ The project is expected to be completed within 21 months.
Major Contract Awarded for Gurugram Metro Project
Dilip Buildcon Limited has announced its selection as the L-1 bidder for a substantial project related to the Gurugram Metro Corridor in Haryana. The total order value stands at ₹419.47 crore, inclusive of Goods and Services Tax (GST).
Project Details and Scope
The project, awarded by Gurugram Metro Rail Limited (GMRL), encompasses the ‘Construction of Depot cum Workshop’. This includes comprehensive civil works, architectural enhancements, and essential Electrical & Mechanical (E&M) works for the Elevated Corridor of the Gurgaon Metro, specifically at Sector 33, Gurugram, India. The contract is classified as a General Contract and is considered a domestic award.
Timeline and Financials
The execution period for this project is stipulated as 21 Months from the commencement date. The broad consideration for the order is INR 419.47 Cr (including GST). Dilip Buildcon Limited has confirmed that there are no promoter or promoter group companies with an interest in the entity that awarded the order, and the transaction is not considered a related party transaction.
Source: BSE
