Dilip Buildcon completes Rs 190.80 cr road project in MP

"The company has successfully completed the project of rehabilitation and up-gradation of Mandla-Pindrai and Salimnabad-Vilayatkalan major district road intermediate laning/two-laning with paved/hard shoulder in the state of Madhya Pradesh on engineering procurement and construction (EPC) mode," Dilip Buildcon said in a BSE filing.

February 28, 2017 / 12:15 IST

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Infrastructure firm Dilip Buildcon today said it has completed Rs 190.80 crore road project in Madhya Pradesh.

"The company has successfully completed the project of rehabilitation and up-gradation of Mandla-Pindrai and Salimnabad-Vilayatkalan major district road intermediate laning/two-laning with paved/hard shoulder in the state of Madhya Pradesh on engineering procurement and construction (EPC) mode," Dilip Buildcon said in a BSE filing.

It further said: "The total project cost is Rs 190.80 crore...The company has completed the said project 185 days prior to the scheduled completion period and due to the earlier completion of the project, it is entitled to receive maximum allowable three per cent bonus of Rs 5.72 crore." Shares of Dilip Buildcon were trading 2.88 percent up at Rs 307.25 apiece on BSE.

first published: Feb 28, 2017 12:10 pm

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