Companies

Dilip Buildcon completes Rs 190.80 cr road project in M.P.

PTI New Delhi | Updated on January 13, 2018 Published on February 28, 2017

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 upgradation 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 per cent up at Rs 307.25 apiece on the BSE.

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Published on February 28, 2017
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