Dilip Buildcon last week executed a contract agreement with Gujarat Metro Rail Corporation Ltd (GMRC) for the Surat Metro Rail Project Phase -1 in Gujarat, according to a filing with the stock exchanges.

Dilip Buildcon will construct n 8.702 km elevated viaduct and seven stations from Majura Gate to Saroli Dead End under Corridor-2 for the Surat Metro Rail Project Phase - 1. The cost of the project is Rs 7.02 billion. The company has been given 26 months to complete the project.

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