Dilip Buildcon Bags ₹879.3 Crore Highway Project in Tamil Nadu

Dilip Buildcon Limited (DBL), one of India’s leading infrastructure and construction companies, has secured a major highway project in Tamil Nadu. The company received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI), marking another milestone in DBL’s strong portfolio of national highway works.

Project Overview

This new assignment involves the 4-laning of the Paramakudi to Ramanathapuram section of NH-49 (New NH-87) in Tamil Nadu. The stretch plays a key role in improving regional traffic flow and boosting connectivity in the southern state.

Key Project Details

• Project Length: 46.665 km

• Project Cost: ₹879.30 crore (excluding GST)

• Awarding Authority: National Highways Authority of India (NHAI)

• Contract Model: Hybrid Annuity Mode (HAM)

• Construction Period: 24 months

• Operation Period: 15 years after Commercial Operation Date (COD)

Contract and Compliance

The project has been awarded by a domestic government authority and the company has confirmed that:

• It is not a related-party transaction

• Neither the promoter nor promoter group has any interest in NHAI

This ensures full compliance with SEBI’s disclosure norms.

Why This Project Matters

The Paramakudi–Ramanathapuram corridor is important for easing travel between key districts in Tamil Nadu. Upgrading it into a 4-lane highway under HAM will help:

• Reduce travel time

• Support trade and logistics

• Improve road safety

• Strengthen regional economic activity

For Dilip Buildcon, this project further solidifies its position as one of India’s most active and reliable players in large-scale highway construction.