The project, awarded by Rajasthan Water Grid Corporation Ltd (formerly Eastern Rajasthan Canal Project Corporation), involves the construction of a feeder from Convey to KHARA Chainpura to bandh Baretha Bharatpurincluding all components, along with operation and maintenance for 20 years.
The contract is to be executed within 27 months under the hybrid annuity modelIn a separate update, Dilip Bundcon-PSP JV also bagged a ₹1,115 crore contract for infrastructure works at Pudussery Central and Kannambra
under the Palakkad Node of the Chennai-Bengaluru Industrial Corridor extension to Kochi. This project, on an EPC basis, will be executed in 42 months.
The twin order wins further strengthen DBL’s order book and reaffirm its positioning in large-scale infrastructure projects across water management and industrial corridor development.
Also Read: Dilip Bundcon Q1 Results: Profit nearly doubles on margin boost, one-off gain; revenue slips
Following the announcement, shares of Dilip Buildcon hit an intraday high of ₹551.95, but later slipped 1.4% to ₹527.05 on the NSE as of 1:50 pm.
