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Dilip Buildcon has successfully finalized a concession agreement with the Public Works Department, Government of Goa. The agreement, signed on February 22, 2024, marks a pivotal step forward in the company's endeavors to contribute to infrastructure development in the region.
The project, titled "Construction of Observatory Towers and Viewing Galleries," encompasses a range of amenities including decorative lighting and parking facilities for the New Zuari Bridge on NH-17/NH-66 in the Panjim-Mangalore section of Goa. Valued at Rs. 270.07 Crores, the endeavour is set to be executed under the Design, Build, Finance, Operate, and Transfer (DBFOT) mode, with a completion period of 60 months. The commencement period is slated to begin 50 years after the completion period.
Earlier Dilip Buildcon Limited (JV) [VKMCPL -DBL (JV)] declared as L-1 bidder for the tender floated by the Water Resources Department, Madhya Pradesh. The project, valued at Rs 412.92 crores, awarded by the Water Resources Department, Madhya Pradesh, and set to be completed within 60 months.
Order Book Update: As of December 31, 2023, the company's order book stood at Rs 21,842.9 crore, with orders from various business divisions, including Roads & Highways, Metro, Irrigation and Water Supply.
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