Key Highlights
- Dilip Buildcon has been declared L-1 bidder for an NHAI project in Solapur, Maharashtra.
- The project has an estimated cost of ₹688.23 crore excluding GST.
- The project involves a 9.66-km four-lane elevated corridor on NH-65.
- The corridor will connect Old Pune Naka to Boramani Naka in Solapur City.
- The project will be executed under the Hybrid Annuity Mode (HAM).
- The construction period is 24 months.
- The operation period is 15 years from the Commercial Operation Date.
- National Highways Authority of India is the awarding authority.
Dilip Buildcon Limited has been declared the lowest bidder (L-1) by the National Highways Authority of India (NHAI) for the construction of a four-lane elevated corridor and approaches on NH-65 in Solapur city, Maharashtra. The project has an estimated cost of ₹688.23 crore, excluding GST.
According to the company’s regulatory filing dated September 28, 2026, the project will be executed under the Hybrid Annuity Mode (HAM) and covers the stretch from Old Pune Naka to Boramani Naka on NH-65.
9.66-Km Elevated Corridor Project in Solapur
The project involves the construction of a four-lane elevated corridor, including approaches, from Old Pune Naka to Boramani Naka in Solapur City. The specified project stretch extends from Km 0.050 to Km 9.710, covering approximately 9.66 km.
The project has been awarded through a bidding process conducted by NHAI, with Dilip Buildcon emerging as the L-1 bidder.
₹688.23 Crore Project Cost
The broad consideration or size of the order is ₹688.23 crore, excluding GST. The project is classified as a domestic contract, with NHAI identified as the entity awarding the order.
The company’s filing stated that there is no interest of the promoter or promoter group in the entity that awarded the contract. It also stated that the order does not fall within related-party transactions.
24-Month Construction Period
Under the disclosed project terms, the construction period is 24 months. Following completion, the project carries an operation period of 15 years from the Commercial Operation Date (COD).
The project will be implemented under the Hybrid Annuity Mode, a structure commonly used for highway and road infrastructure projects in India.
Dilip Buildcon Order Details
The project forms part of Dilip Buildcon’s infrastructure and road construction portfolio and adds a major elevated corridor contract in Maharashtra.
The key details disclosed by the company are:
- Project: Four-lane elevated corridor including approaches from Old Pune Naka to Boramani Naka on NH-65.
- Location: Solapur City, Maharashtra.
- Length: 9.66 km.
- Project cost: ₹688.23 crore excluding GST.
- Mode: Hybrid Annuity Mode (HAM).
- Awarding authority: National Highways Authority of India.
- Bid status: L-1 bidder.
- Construction period: 24 months.
- Operation period: 15 years from COD.
- Contract type: Domestic entity.
The project is planned for completion within 24 months, followed by a 15-year operation period from COD.