Indore: It has emerged as the favored bidder to build a 5.3 km stretch of the upcoming metro rail system in Indore, Madhya Pradesh, said Dilip Buildcon.
The development start to come barely a month after DBL was declared the lowest bidder for the Bhopal Metro project in the state.
This current bid is to build an elevated viaduct between the ISBT flyover and Mumtaj Bag Colony, excluding the stations.
Dilip Buildcon offered to build the track for Rs 229 cr.
Even though Dilip Buildcon is lowest bidder it is not clear whether bids for contract for the construction of the metro station have been handed out or not.
The total time period for construction of elevated track will be approximate 27 months.
According to the rule government contract are awarded to the L1 or level 1 bidder unless some major discrepancy is found in the bid submitted by the participant.
The lowest bidder in the tender process is usually L1 bidders.
In 1998 the Dilip Buildicon founded, which headquarter in Bhopal and projects itself as India’s fastest growing road development company.
The Dilip Buildicon is working via two models namely EPC Projects and Toll Operation, and develops highway, city roads, culvert, bridges, irrigation, facilities, water supply, coal mining, water sanitation and sewage.