Key Highlights
- Dilip Buildcon declared L-1 bidder for a ₹901.43 crore EPC project.
- The project has been awarded through a tender floated by NBCC (India) Limited.
- The project involves Satellite Township Phase-I, Package-3 in Srinagar, Jammu and Kashmir.
- The contract includes Group Housing 02 and allied infrastructure works.
- Construction is scheduled to be completed within 24 months.
- The project includes an additional two-year Operation and Maintenance period.
- The total project value of ₹901.43 crore includes GST.
Dilip Buildcon Limited has been declared the lowest (L-1) bidder for an infrastructure project worth ₹901.43 crore, including GST, awarded through a tender floated by NBCC (India) Limited. The project involves the development of Satellite Township Phase-I, Package-3 (Group Housing 02), including allied works at Rakh Gund Aksha, Bemina, Srinagar, Jammu and Kashmir.
The project will be executed on an Engineering, Procurement and Construction (EPC) basis and includes a two-year Operation and Maintenance (O&M) period. According to the company’s regulatory filing dated November 11, 2026, the construction work is scheduled to be completed within 24 months, followed by two years of operation and maintenance.
The order has been awarded by a domestic entity and is classified as a general contract (L-1). Dilip Buildcon also clarified that the promoter and promoter group companies have no interest in the awarding entity and that the contract does not fall under related-party transactions.
The ₹901.43 crore project adds to Dilip Buildcon’s infrastructure project opportunities in the housing and urban development segment.