Dilip Buildcon Declared L-1 Bidder for ₹688.23 Crore NHAI Project in Maharashtra

5paisa Capital Ltd - 0 min read

Last Updated: 28th September 2026 - 04:07 pm

According to the announcements made by Dilip Buildcon Limited on September 28, 2026, the company has bagged the project for an estimated value of ₹688.23 crore for the National Highways Authority of India in Maharashtra. 

The project consists of constructing an elevated corridor of 4 lanes of NH-65 in Solapur city ranging from Old Pune Naka to Boramani Naka. The construction of the corridor under the Hybrid Annuity Mode (HAM) is 9.66 km long. 

The cost of the project is ₹688.23 crore, excluding GST. 

Dilip Buildcon has been granted a construction period of 24 months. The project will have a duration of 15 years after its completion. 

The project would cover the length between km 0.050 and km 9.710 of NH-65 in Solapur. The project has been awarded by NHAI through the tender, where Dilip Buildcon has emerged as the lowest bidder. 

In its disclosure, the company classified the project as a domestic contract and stated that its promoter and promoter group companies do not have any interest in the entity awarding the contract. The project also does not fall under related-party transactions. 

Dilip Buildcon further informed the exchanges that its trading window will remain closed for insiders, designated persons and other covered individuals until 48 hours after the information has been made generally available to the public. 

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