Home NewsTop NewsDilip Buildcon Ltd. secured new projects totaling Rs 4,455.63 crore.

Dilip Buildcon Ltd. secured new projects totaling Rs 4,455.63 crore.

by Constrofacilitator
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Dilip Buildcon Ltd.

Dilip Buildcon Ltd. has successfully secured substantial new projects totaling Rs 4,455.63 crore. A significant contract, worth Rs 2,952 crore, has been awarded by the Rajasthan Water Grid Corporation Limited (previously known as Eastern Rajasthan Canal Project Corporation Limited).

This initiative, to be executed by DBL RAMKY CONSORTIUM, entails the construction and a 20-year operation and maintenance of a water feeder system extending from Isarda to Bharatpur. The project will be implemented under a Hybrid Annuity Model and is anticipated to be completed within a span of 27 months.

The second contract, amounting to Rs 1,503.63 crore, has been granted by Gurugram Metro Rail Limited (GMRL) to DBL RBL JV. This agreement encompasses the construction of a 15.22 km viaduct along with 14 elevated stations for the Gurugram Metro Corridor.

This metro line is designed to connect Millennium City Centre to Sector 9, with an additional spur leading to Dwarka Expressway and a ramp directing to the depot at Sector 33. The completion of this project is expected within 30 months.

Dilip Buildcon Limited is currently engaged in the development of infrastructure facilities on an EPC basis, undertaking contracts from various government entities, other parties, and special purpose vehicles promoted by the company. The firm boasts a market capitalization exceeding Rs 7,000 crore.

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