India, Aug. 18 -- Dilip Buildcon Ltd (DBL), in consortium with Ramky, has been declared the lowest (L-1) bidder for the Rajasthan Water Grid Project, valued at Rs 2,952 crore (including GST). The tender was floated by Rajasthan Water Grid Corporation Limited, formerly known as Eastern Rajasthan Canal Project Corporation Limited, under the Hybrid Annuity Model.
The project involves construction of a feeder from Isarda to Khura Chainpura to Bandh Baretha, Bharatpur, along with all associated components, and includes operations and maintenance for 20 years. The execution period for the project is 27 months.
The contract, awarded on a General Contract (L1) basis, is domestic in nature. The company confirmed that promoter group entities have n...