Dilip Buildcon Emerges as L-1 Bidder for ₹879.30 Crore NHAI Project in Tamil Nadu

Infrastructure major Dilip Buildcon Limited (DBL) has been declared the L-1 bidder for a significant National Highways Authority of India (NHAI) project in Tamil Nadu, valued at ₹879.30 crore.

The project involves the four-laning of the Paramakudi to Ramanathapuram section of NH-49 (New NH-87), spanning 46.47 km, under the Hybrid Annuity Model (HAM).

The announcement was made through a regulatory filing to the BSE and NSE on October 27, 2025.

Dilip Buildcon Project Overview

The awarded project aims to upgrade and expand the Paramakudi–Ramanathapuram stretch of NH-49, improving connectivity and travel efficiency in southern Tamil Nadu.

The contract will be executed over a 24-month construction period, followed by an operation and maintenance tenure of 15 years from the Commercial Operation Date (COD).

Strategic Importance

The Paramakudi–Ramanathapuram stretch is a crucial segment of southern India’s highway network, facilitating smoother transportation between the Madurai and Rameswaram corridors.

The project is expected to ease congestion, improve logistics efficiency, and support regional economic development.

For Dilip Buildcon, this win reinforces its strong presence in road infrastructure projects under the HAM model, further solidifying its track record with the NHAI.

Dilip Buildcon Regulatory Disclosure Highlights

According to the company’s filing:

• The project is a domestic contract awarded by NHAI.
• It is a general contract (L-1) and not a related-party transaction.
• The company has clarified that no promoter or group entity has any interest in the awarding authority.
• The order will be executed as per standard NHAI contractual conditions.

Dilip Buildcon Share Price Performance

As of October 28, 2025, 3:07 PM, shares of Dilip Buildcon Limited traded at ₹481.55, up ₹1.25 or 0.26% from the previous close of ₹480.30. The stock opened at ₹489.90 and hit an intraday high of ₹492.50 before touching a low of ₹478.80.

Read More: NHAI Awards Contract for User Fee Collection and Maintenance on Ujjain-Garoth NH-752D Section.

Conclusion

The latest ₹879.30 crore order win marks another milestone for Dilip Buildcon Limited, emphasising its continued dominance in India’s road infrastructure segment.

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