Road developer Dilip Buildcon said Friday it has launched a road project worth Rs 1,362.06 in Uttar Pradesh.
"The company has received the letter of acceptance (LDA) … from the Industrial Development Authority of Uttar Pradesh Highways (UPEIDA) for the EPC project in the state" said Dilip Buildcon in a document filed at BSE.
The project includes the development of the Bundelkhand (package VI) fast track project from Bakhariya to Kudrail, a controlled access fast track project (Greenfield) in Uttar Pradesh, on the basis of (engineering, procurement and construction) .
The project, with a length of 45.28 km, is to be completed in three years, said the document.
The company's shares traded at 415.60 rupees, up 4.91% from BSE in morning trading.