Infrastructure developer Dilip Buildcon on Tuesday announced that it emerged as the lowest bidder for Delhi Metro project.

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The company through its JV has been declared L-1 (lowest) bidder for the project including part design and construction of the elevated viaduct, elevated ramp, siding lines, viaduct for connection to Mukundpur depot and four elevated stations, Phase-IV of Delhi MRTS, it said.

The company bid Rs 825.62 crore for the project and the completion period is 30 months.

The project also includes partly integrated and a partly independent flyover of PWD between Azadpur and Derawal Nagar on GT Road by Delhi Metro Rail Corporation Ltd, the company added.

At 1:20 pm, Dilip Buildcon was quoting at Rs 380.60, up 0.93 percent on the BSE.