Dilip Buildcon wins NHAI project in Odisha

Dilip Buildcon is in focus on the back of a National Highways Authority of India (NHAI) order win in Odisha worth Rs 1,522 crore, which is 74 kilometers in length with a construction period of about 30 months. In an interview with CNBC-TV18, Rohan Suryavanshi, Head-Strategy and Planning of the company discussed this and more.

The letter of award (LoA) for NHAI’s Odisha project should come in the next seven days, he said.

The company has entered its 17th state with this project.

Funding for the Odisha project will be a mix of debt and equity, he added.

We have diversified significantly and we are present in all the states, our largest exposure is in the state of Maharashtra where we are doing a lot of projects, said Suryavanshi.

For full interview, watch accompanying video...