Dilip Buildcon lowest bidder for Rs 826 crore Delhi Metro project

NEW DELHI: Dilip Buildcon Ltd on Tuesday said it has been declared the lower bidder by Delhi Metro Rail Corporation Ltd for Rs 825.62-crore project. "Dilip Buildcon Limited through JV has been declared L-1 bidder for the project part design and construction of elevated viaduct, elevated ramp, siding lines, viaduct for connection to Mukundpur depot and four elevated stations, Phase-IV of Delhi MRTS and partly integrated and partly independent flyover of PWD between Azadpur and Derawal Nagar on G T Road by Delhi Metro Rail Corporation Ltd," the company said in a BSE filing.

The completion period of the 7.4-km work is 30 months, the filing said.

The shares of the company were trading at Rs 382.60 apiece in morning trade.