Dilip Buildcon Share Price in Focus After Winning ₹688.23 Crore NHAI Project in Maharashtra

Dilip Buildcon has been declared the lowest bidder for a road project awarded by the National Highways Authority of India (NHAI), as per the exchange filing. The project involves building a 4-lane elevated corridor in Solapur City. 

The project is expected to take 24 months to complete and will cover 9.66 km. 

₹688 Crore Elevated Corridor Project 

The project involves construction of a 4-lane elevated corridor, along with its approaches, from Old Pune Naka to Boramani Naka on NH-65 in Solapur City. 

The project cost is ₹688.23 crore, excluding GST. It will be executed under the Hybrid Annuity Mode (HAM). 

24-Month Construction Period 

The project stretches from Km 0.050 to Km 9.710, covering a total length of 9.66 km. 

Dilip Buildcon will have 24 months to complete the construction. After completion, the operation period will run for 15 years from the commercial operation date. 

The NHAI is the awarding authority for the project. The contract is classified as a General Contract, with Dilip Buildcon emerging as the L-1 bidder.   

Read More: Reliance Industries Share Price in Focus as FMCG Arm Raises Authorised Capital to ₹40,000 Crore! 

Dilip Buildcon Share Price Performance 

As of September 28, 2026, at 12:04 PM, Dilip Buildcon share price was trading at ₹404.15 per share, reflecting a 2.01% decline from the previous trading session. 

Conclusion 

Dilip Buildcon has emerged as the L-1 bidder for a ₹688.23 crore NHAI project to build a 9.66-km elevated corridor in Solapur. The project will be completed over 24 months, followed by a 15-year operation period from the commercial operation date. 

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