Dilip Buildcon secures two HAM projects from NHAI

22 Mar 2021 Editorial Team

Infrastructure development company Dilip Buildcon has received letter of acceptance (LoA) from the National Highways Authority of India (NHAI) for two new hybrid annuity model (HAM) projects under Bharatmala Pariyojana, Phase-1 in Tamil Nadu and the Union Territory (UT) of Puducherry.

The first project involves four laning of Villupuram-Puducherry road under Bharatmala Pariyojana phase-1. The construction of the stretch is 29 km in length. The bid project cost is Rs 1,013 crore. The project is expected to be completed within 24 months from starting work.

The second project is a four-laning of Puducherry-Poondiyankuppam road under Bharatmala Pariyojana phase-1. The construction length is 38 km long. The bid project cost is Rs 1,228 crore. The project is expected to be executed within 24 months.

Dilip Buildcon's consolidated net profit surged 107.4% to Rs 181.91 crore, with a 7.1% increase in net sales to Rs 2,746.19 crore in Q3 of FY21 over Q3 of FY20.

Bharatmala Pariyojana is a government-sponsored and funded road and highways project of the Government of India. The total investment for 83,677 km of new highways is estimated at Rs 5.35 lakh crore.

Dilip Buildcon is a full-service infrastructure company with construction capabilities in roads and bridges, mining, water sanitation, sewage, and dams with a presence in over 19 states.

Image Source

Also read: NHAI says it will award Rs 50k cr projects in Q1

Also read: Top 10 highways in first ever NHAI rankings

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..