Dilip Buildcon bags LoA for road project in Karnataka
ROADS & HIGHWAYS

Dilip Buildcon bags LoA for road project in Karnataka

The National Highways Authority of India (NHAI) has granted Dilip Buildcon Ltd a Letter of Acceptance (LoA) for a Rs 15,890 million road project in Karnataka, the infrastructure and construction company announced on December 17. According to a regulatory filing, the letter was received by the company on December 16.

From Maradgi S. Andola to the Baswantpur portion of NH150C, a six-lane "access-controlled greenfield highway" will be built. In the exchange filing, Dilip Buildcon indicated that the highway segment would be built over 65.50 km and would take 30 months to complete.

It further said that the project's operational duration would last for 15 years following the start of commercial operation.

The project is a component of the Center's Bharatmala Pariyojna programme, which aims to increase the nation's highway network.

Two days after the company's joint venture with RBL Bank completed the contract execution for a 10,610 million project that it had won from the Surat Metro Rail Corporation, Dilip Buildcon made its announcement.

The National Highways Authority of India (NHAI) has granted Dilip Buildcon Ltd a Letter of Acceptance (LoA) for a Rs 15,890 million road project in Karnataka, the infrastructure and construction company announced on December 17. According to a regulatory filing, the letter was received by the company on December 16. From Maradgi S. Andola to the Baswantpur portion of NH150C, a six-lane access-controlled greenfield highway will be built. In the exchange filing, Dilip Buildcon indicated that the highway segment would be built over 65.50 km and would take 30 months to complete. It further said that the project's operational duration would last for 15 years following the start of commercial operation. The project is a component of the Center's Bharatmala Pariyojna programme, which aims to increase the nation's highway network. Two days after the company's joint venture with RBL Bank completed the contract execution for a 10,610 million project that it had won from the Surat Metro Rail Corporation, Dilip Buildcon made its announcement.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?