Dilip Buildcon gets LoA worth Rs 5000 crore [Infrastructure]
AI Summary1 min read
TL;DR
Dilip Buildcon has received a Letter of Acceptance worth Rs 5000 crore, expanding its construction business from roads and irrigation to urban development, supported by government initiatives and growth opportunities.
Tags
Engineering - ConstructionInfrastructureDilip BuildconConstruction ProjectsEPCBOT
The core business of the company is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges. As a result of the natural growth of their road construction business, as well as the recent government support to the infrastructure sector and rising opportunities in new business areas, they recently expanded into the irrigation and urban development businesses. Their business comprises of construction business, under which they undertake roads, irrigation and urban development projects on an EPC basis; and their infrastructure development business, under which they undertake building, operation and development of road projects on a BOT basis with a focus on annuity projects.