Deepak Builders and Engineers India Ltd. Secures Construction Project Valued at Rs. 474.25 Crores
Deepak Builders and Engineers India Ltd. has emerged as the lowest bidder (L1) for a significant construction project involving 12 high-rise residential buildings near the Indian Oil Corporation Limited (IOCL) Panipat Refinery & Petrochemical Complex in Haryana. The project, awarded through the IOCL eProcurement Portal, encompasses a total value of Rs. 474.25 crores.The construction scope includes monolithic construction technology for the buildings (G+13), along with associated parking facilities, a sewerage treatment plant, utility infrastructure, roadworks, and other amenities.
Following the award of this project, the total value of projects currently held by the company will approximate Rs. 2,000 crores.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.