Dilip Buildcon executes EPC contract with RVNL

11 Mar 2022 CW Team

Dilip Buildcon Limited (DBL), a construction and infrastructure development company, has executed the engineering, procurement, and construction (EPC) contract with the Rail Vikas Nigam Limited (RVNL), Chandigarh, on March 04, 2022.

The project is for the construction of tunnels- T14, TLs, and T16, bridges, and formation works from chainage 40+430 to 44+925.

It also comprises slope protection works and related works in connection with the Bhanupali - Bilaspur - Beri new railway line in Bilaspur of Himachal Pradesh State Pkg 5 Project.

Moreover, the cost of the bid project is Rs 636.98 crore and the estimated completion period is 24 months.

Dilip Buildcon is down by Rs 7.8 or 3.03%, while the Rail Vikas Nigam was also trading lower by 1.63% at Rs30.15 apiece.

It is a Bhopal-based construction and infrastructure development firm. It was founded in 1987 and included in the Ministry of Corporate Affairs on June 12, 2006.

Image Source

Also read: Dilip Buildcon receives LoA worth Rs 2,683 cr from SECL

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..