Dilip Buildcon Limited has announced that its consortium with Ramky has been declared the L-1 bidder for a major project awarded by the Rajasthan Water Grid Corporation Limited, previously known as the Eastern Rajasthan Canal Project Corporation Limited. The project, valued at ₹2,952 crore including GST, has been awarded on a Hybrid Annuity Model and comes with a completion timeline of 27 months along with operations and maintenance responsibilities for a period of twenty years.

The contract involves the construction of a feeder stretching from Isarda to Khura Chainpura and further to Bandh Baretha in Bharatpur, covering all necessary components of the development. This project is a part of the Eastern Rajasthan Canal Project, an ambitious initiative designed to improve water supply infrastructure and ensure long-term availability of resources across the eastern districts of Rajasthan.

Dilip Buildcon emphasized that the order has been secured on a general contract basis and awarded by a domestic authority. In line with the company’s code of conduct and SEBI’s insider trading regulations, it also confirmed that the trading window for insiders, designated persons and connected parties will remain closed until forty-eight hours after this information becomes public.

With this win, Dilip Buildcon continues to reinforce its leadership in India’s infrastructure sector, adding another landmark project to its growing portfolio. The successful bid not only strengthens the company’s presence in water and irrigation-related infrastructure but also highlights its execution capabilities under the Hybrid Annuity Model, which has become a key driver in India’s infrastructure development landscape.

TOPICS: Dilip Buildcon