Dilip Buildcon climbs on emerging L-1 bidder for two HAM projects
Dilip Buildcon rose 3.43% to Rs 651.75 after the company said it was declared as the lowest (L1) bidder for two tenders floated by the National Highways Authority of India on hybrid annuity basis (HAM) in Karnataka.
The scope of first project involves four laning Bangalore to Malur section of Bangalore Chennai Expressway on HAM under Bharatmala Pariyojna. The bid project cost is Rs 1,160 crore and it is to be completed in 24 months. The length of the project is 27.10 kilometre with an operation period of 15 years.
