Dilip Buildcon Declared L-1 Bidder for Rs 268 Crore Gujarat Barrage Project
Dilip Buildcon Limited through its Joint Venture, DBL-RBL, has been declared the L-1 bidder for a major infrastructure project. The bid pertains to the 'Designing and Construction of Ged Barrage, Protection work & Other allied activities across river Sabarmati between Hirpura barrage & Lakroda weir' on an Engineering, Procurement and Construction (EPC) mode basis.The tender was floated by the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat.
The scope of work involves the EPC work for the Designing and Construction of Ged Barrage, Protection work & Other allied activities across river Sabarmati between Hirpura barrage & Lakroda weir, Ta. Prantij, Dist. Sabarkantha, which also includes Operation and Maintenance for a period of 10 Years. The total project cost, excluding GST, is valued at Rs. 268 Crores. The stipulated completion period for this contract is 24 Months.
The details of the project award are outlined below:
| Particulars | Detail |
|---|---|
| Project Entity Awarding Contract | Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat. |
| Nature of Contract | Engineering, Procurement and Construction (EPC) Work for Designing and Construction of Ged Barrage, Protection work & Other allied activities across river Sabarmati between Hirpura barrage & Lakroda weir, Ta. Prantij, Dist. Sabarkantha including Operation and Maintenance for 10 Years. |
| Project Cost (Excluding GST) | Rs. 268.00 Cr |
| Mode of Contract | EPC |
| Completion Period | 24 Months |
The contract details indicate that the awarding entity is a Domestic Entity and the contract is considered a General Contract (L1). Furthermore, the record confirms that the order is not classified as a related party transaction and there is no stated interest of the promoter or promoter group companies in the awarding entity.
DBL Stock Price Movement
Shares of Dilip Buildcon Limited are edging higher to ₹430.5 as of 12:40 PM today, rallying 1.00% in live trading. The equity maintains high intraday interest, currently hovering between ₹422.75 and ₹433, amid a total volume of 83,912 shares traded.Source:
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