"MoRTH has declared Dilip Buildcon Ltd, Bhopal, as the successful bidder (L-1) for the project rehabilitation and upgradation... Of Rayachoti-Kadapa Road on NH 18 (new NH 40)... In Andhra Pradesh," Dilip Buildcon said in a filing to BSE.
The company said the project will be implemented in engineering, procurement and construction (EPC) mode at a cost of Rs 198 crore.
It said the project is likely to be completed in 18 months.