Latest News | Dilip Buildcon JV Emerges Lowest Bidder for Delhi-Vadodara Expressway Stretch in Rajasthan

New Delhi, Oct 21 (PTI) Highways builder Dilip Buildcon on Wednesday said its joint venture has emerged as the lowest bidder for a stretch of the Delhi-Vadodara expressway in Rajasthan.

The company had bid Rs 1,000.08 crore for the project to be executed under Bharatmala Pariyojna.

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"Dilip Buildcon through JV has been declared as L-1 bidder for a new EPC (engineering, procurement and construction) project viz 'construction of eight lane access controlled expressway starting near junction with NH 12 near village Ummedpura to major bridge over Takli river near Nayagaon Jageer village section of Delhi-Vadodara greenfield alignment under Bharatmala in Rajasthan," the company said in a regulatory filing.

It said the company through its joint venture Dilip Buildcon Ltd - Altis Holding Corporation has been declared as the lowest bidder by the National Highways Authority of India (NHAI).

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The completion period for the 8.3-km project is 30 months, it added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)