Dilip Buildcon emerges as lowest bidder for Rs 1,589 cr road project

01 Apr 2022 CW Team

Dilip Buildcon has jumped to Rs 250.50 by 4.17% after the company announced that it is declared as the lowest bidder for Rs 1,589 crore road project by the National Highways Authority of India (NHAI), based on Hybrid Annuity in the state of Karnataka.

The scope of the project comprises the development of a six-lane access controlled greenfield highway between Maradgi S Andola and Baswantpur section of the NH- 150C on Hybrid Annuity Model (HAM) under the Bharatmala Pariyojna.

The bidding project cost of 65.50 km is Rs 1,589 crore. The expected time period for the completion of the project is 30 months. The operational period will be of 15 years from the date of commercial operation.

Dilip Buildcon can be referred to as a full-service infrastructure company having construction capabilities in mining, sewage, water sanitation, dams, roads, and bridges along with a strong presence in over 19 states.

In the quarter ended December 2021, the company had reported a consolidated net loss of Rs 19.16 crore against the previous quarter ended December 2020 with a net profit of Rs 107.17 crore. Their sales had declined 18.23% on a year-on-year basis to Rs 2,245.50 crore in the third quarter of the financial year 2022.

Image Source

Also read: Dilip Buildcon executes EPC contract with RVNL

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..