Dilip Buildcon has secured a significant contract valued at ₹160.20 crore for a road construction project in Odisha. The project involves the construction of a diversion road from 4/700 km to 11/500 km of the Duduka-Gopalpur-Toparia Road.
The contract was awarded by the Odisha Bridge & Construction Corporation Limited (OBCCL) and will be executed on an Engineering, Procurement, and Construction (EPC) basis. The project, located in the District of Sundargarh, is expected to be completed within 18 months from the start date.
This development marks Dilip Buildcon as the L-1 bidder for the tender, highlighting the company’s competitive edge in securing infrastructure projects. The contract does not involve any related party transactions, and the promoter group companies have no interest in the awarding entity.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.
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