Dilip Buildcon has received completion certificate for the Jabalpur-Patan-Shahpura road project in Madhya Pradesh. The road has been declared fit for operation from Wednesday. The 38.84-km project was completed 190 days ahead of schedule, in lieu of which the company is entitled to a maximum bonus of ₹2.7 crore from the Madhya Pradesh Road Development Corp Ltd. The engineering, procurement, and construction contract was valued at ₹90 crore, the company said today in an exchange filing. On Friday, shares of the company ended flat at ₹319.30 on the National Stock Exchange.

(This article was published on March 10, 2017)
Post Comment

Get more of your favourite news delivered to your inbox

Please enter your email. Thank You.
Newsletter has been successfully subscribed.