Dilip Buildcon Secures Rs.120 Million Contract
ECONOMY & POLICY

Dilip Buildcon Secures Rs.120 Million Contract

Dilip Buildcon, a prominent infrastructure development company, has clinched a significant civil contract worth Rs.120 million for the Haryana Orbital Rail Corridor project. The project aims to bolster transportation infrastructure in Haryana, India, by establishing a modern rail network. This contract acquisition underscores Dilip Buildcon's prowess and commitment to shaping India's transportation landscape.

The Rs.120 million contract encompasses various civil works essential for the successful execution of the Haryana Orbital Rail Corridor project. Dilip Buildcon's expertise in civil construction and its track record of delivering high-quality projects on time make it an ideal choice for such a substantial undertaking. The company's proven track record and dedication to excellence have earned it recognition as a reliable partner in the infrastructure sector.

The Haryana Orbital Rail Corridor project holds immense significance for the region's economic development and connectivity enhancement. Once completed, the corridor will facilitate seamless movement of goods and passengers, fostering trade and commerce while easing congestion on existing transportation routes. This strategic initiative aligns with the government's vision of modernising India's infrastructure to support its growing economy and population.

Dilip Buildcon's successful bid for the ?120 million contract underscores its competitive edge and capability to undertake large-scale projects. The company's commitment to delivering value-driven solutions while adhering to stringent quality and safety standards reaffirms its position as a leader in the infrastructure development sector.

With construction set to commence soon, stakeholders anticipate tangible progress towards the realisation of the Haryana Orbital Rail Corridor project's objectives. Dilip Buildcon's involvement instils confidence in the project's timely execution and successful completion, further enhancing its reputation as a trusted player in the infrastructure domain.

Dilip Buildcon, a prominent infrastructure development company, has clinched a significant civil contract worth Rs.120 million for the Haryana Orbital Rail Corridor project. The project aims to bolster transportation infrastructure in Haryana, India, by establishing a modern rail network. This contract acquisition underscores Dilip Buildcon's prowess and commitment to shaping India's transportation landscape. The Rs.120 million contract encompasses various civil works essential for the successful execution of the Haryana Orbital Rail Corridor project. Dilip Buildcon's expertise in civil construction and its track record of delivering high-quality projects on time make it an ideal choice for such a substantial undertaking. The company's proven track record and dedication to excellence have earned it recognition as a reliable partner in the infrastructure sector. The Haryana Orbital Rail Corridor project holds immense significance for the region's economic development and connectivity enhancement. Once completed, the corridor will facilitate seamless movement of goods and passengers, fostering trade and commerce while easing congestion on existing transportation routes. This strategic initiative aligns with the government's vision of modernising India's infrastructure to support its growing economy and population. Dilip Buildcon's successful bid for the ?120 million contract underscores its competitive edge and capability to undertake large-scale projects. The company's commitment to delivering value-driven solutions while adhering to stringent quality and safety standards reaffirms its position as a leader in the infrastructure development sector. With construction set to commence soon, stakeholders anticipate tangible progress towards the realisation of the Haryana Orbital Rail Corridor project's objectives. Dilip Buildcon's involvement instils confidence in the project's timely execution and successful completion, further enhancing its reputation as a trusted player in the infrastructure domain.

Next Story
Infrastructure Urban

Shoals' Q3 2024 revenue falls 23.9% due to project delays, supply chain

Shoals Technologies Group, a U.S.-headquartered manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and e-mobility, reported a 23.9% year-over-year (YoY) decline in revenue, which dropped to $102.2 million in the third quarter (Q3) of 2024. This decline was mainly attributed to project delays and supply chain disruptions. The company posted a net loss of $300,000, a significant improvement compared to the $9.8 million net loss in Q3 2023. Adjusted net income was reported at $13.9 million, reflecting a 58.2% YoY decrease. Adjusted EBITDA stood at $24.5 million, a 4..

Next Story
Infrastructure Energy

FTC Solar sees 67% YoY decline in Q3 revenue from lower volumes

FTC Solar, a U.S.-based provider of solar tracker systems, reported a revenue of $10.14 million in the third quarter (Q3) of 2024, surpassing analyst expectations by $240,680. However, this figure marked a 66.8% year-over-year (YoY) decline compared to the same quarter in 2023, primarily attributed to reduced product volumes. The decline in solar tracker revenue was mainly due to an 82% decrease in the amount of MW produced, which was negatively impacted by delays in customer projects. This was partially offset by an increase in the average selling price (ASP), which led to better pricing an..

Next Story
Infrastructure Urban

Dilip Buildcon wins bid for BharatNet Phase III broadband project

Dilip Buildcon announced on Tuesday, November 12, that its STL-DBL consortium had submitted the lowest bid for BSNL's BharatNet Phase III broadband connectivity project. The USOF-funded project, which aims to provide middle and last-mile connectivity in Jammu Kashmir and Ladakh, is valued at Rs.1,625.36 Crore. Dilip Buildcon holds a 70.23% stake in the implementation of the project. The project is expected to be completed in three years, and the corporation will secure a 10-year maintenance contract. In recent days, BSNL has awarded several contracts for the BharatNet project. On Monday, No..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000