Dilip Buildcon lowest bidder for Rs 503-cr Andhra road project

New Delhi, Mar 29 (PTI) Highway developer Dilip Buildcon today said it has been chosen as the lowest bidder for Rs 503 crore road project in Andhra Pradesh."Dilip Buildcon Ltd has been declared as the

Written by: PTI Feeds

Published: March 29, 2017, 11:12 AM IST

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https://www.india.com/news/agencies/dilip-buildcon-lowest-bidder-for-rs-503-cr-andhra-road-project-1971864/ Copy

New Delhi, Mar 29 (PTI) Highway developer Dilip Buildcon today said it has been chosen as the lowest bidder for Rs 503 crore road project in Andhra Pradesh.

“Dilip Buildcon Ltd has been declared as the lowest-1 (L-1) bidder for the project of four-laning, rehabilitation and upgradation of NH-4 from Nalagampalli to AP and Karnataka Border… under NHDP-IV in Andhra Pradesh in EPC mode,” the company said in a BSE filing.

It further said: “The contract amount for this four-lane NHAI project in EPC mode in the Andhra Pradesh project to be executed on the EPC basis is Rs 503.10 crore with 24 months of completion.”

The stock was trading 1.99 per cent higher at Rs 346.25 on the BSE.

This is published unedited from the PTI feed.