Dilip Buildcon lowest bidder for NHAI project in UP

Dilip Buildcon Ltd (DBL) today said it has been declared the lowest bidder by state-run NHAI for Rs 670.50-crore project in Uttar Pradesh.

"The company has been declared L-I bidder by NHAI for a new EPC project under NHDP-IVB for Varanasi-Dagamagpur in Uttar Pradesh," Dilip Buildcon said in a BSE filing.

The company further said the completion time of the 34-km work is 30 months.

Shares of the company ended 3.19 per cent lower at Rs 955.45 apiece on BSE.