Dilip Buildcon Ltd has been declared the lowest (L-1) bidder for a ₹879.3 crore road infrastructure project in Tamil Nadu. The contract involves four-laning a 46.665 km stretch of NH-49 (New NH-87) between Paramakudi and Ramanathapuram, to be executed under Hybrid Annuity Mode (HAM).
Infrastructure major Dilip Buildcon Ltd (DBL) has secured a significant win in Tamil Nadu, being declared the L-1 bidder for a ₹879.3 crore road development project. The scope includes four-laning the Paramakudi to Ramanathapuram section of NH-49 (New NH-87), covering a total length of 46.665 km. The project will be executed under the Hybrid Annuity Mode (HAM), combining EPC and annuity-based revenue models.
The construction period is set at 24 months, followed by a 15-year operation and maintenance phase post-commercial operation date (COD). This win strengthens DBL’s presence in South India and adds to its robust order book, which already exceeds ₹21,000 crore.
Key Highlights:
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Project Value: ₹879.3 crore (excluding GST)
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Location: NH-49 stretch from Paramakudi to Ramanathapuram, Tamil Nadu
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Execution Model: Hybrid Annuity Mode (HAM)
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Timeline: 24-month construction + 15-year O&M period
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Strategic Impact: Enhances DBL’s footprint in southern India’s highway infrastructure
Dilip Buildcon’s consistent project wins reflect its execution capabilities and strategic alignment with India’s national highway expansion goals.
Sources: CNBC TV18, MarketScreener