Dilip Buildcon bags Airport construction project in Gujarat

Dilip Buildcon Limited has been declared the L-1 bidder by the Airport Authority of lndia for the construction of a new greenfield airport at Hirasar, Rajkot, Gujarat.

The project includes designing, engineering, procurement, and the construction of runway, basic strips, turning Pads, taxiways, parallel taxi track (PTT), apron, perimeter and other roads, earth work in cut/fill and grading, drainage system, related retaining structures, fire station, MT pool, fire pit, cool pit, ARP and associated approaches, supply, installation, testing and commissioning of airfield and ground lighting system, visual aids for navigation, and bird hazard reduction system.

The project is worth Rs. 570.06 crores and is to be completed within 30 months.

Last week, the company had been declared L-1 bidder by the U.P Expressways Industrial Development Authority in the state of Uttar Pradesh. The bid project cost was Rs. 1,362.06 crores and to be completed within 36 months.

Dilip Buildcon Limited is an Indian company, engaged in the business of infrastructure facilities on engineering procurement and construction (EPC) basis. The company undertakes contracts from various governments and other parties and special purpose vehicles promoted by the Company.

On Friday, the stock of Dilip Buildcon opened at Rs. 435.90. In the early morning session, it surged 2.8 per cent to Rs. 444.50 from its previous close of Rs. 432.25.