Dilip Buildcon Limited has secured a ₹688.23 crore contract from the National Highways Authority of India (NHAI) for the construction of a four-lane elevated corridor in Solapur city, Maharashtra. The project will connect Old Pune Naka with Boramani Naka along National Highway 65 (NH-65) and will be developed under the Hybrid Annuity Mode (HAM).
The proposed corridor will cover a length of 9.66 km, extending from kilometre 0.050 to kilometre 9.710, including the approach sections. The contract value of ₹688.23 crore is exclusive of GST. Dilip Buildcon will have 24 months to complete the construction, followed by an operation period of 15 years from the Commercial Operation Date (COD).
The company received the Letter of Award from NHAI on October 29, 2026, formalising the contract after it was declared the lowest bidder for the project on September 28. The award is a domestic contract and, according to the company’s regulatory disclosure, does not involve any related-party transaction.
The Solapur corridor adds to Dilip Buildcon’s ongoing infrastructure portfolio in the roads and highways segment. The company is also expanding its presence in the energy transportation infrastructure sector. Earlier in October, it received authorisation from the Petroleum and Natural Gas Regulatory Board (PNGRB) for a proposed ₹1,800 crore LPG pipeline connecting Paradip in Odisha with Raipur in Chhattisgarh.
Under the LPG pipeline project, Dilip Buildcon will undertake the design, financing, development, construction, operation and maintenance of the infrastructure. Construction is scheduled over three years, followed by an operational period of 25 years. The pipeline is intended to transport LPG to bottling plants operated by various oil marketing companies, reducing dependence on road-based tanker transportation.
