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 Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..