Dilip Buildcon Secures ₹3400 Crore Ganga Path Project from Adani Road Transport
Dilip Buildcon Limited has been awarded a ₹3400 Crore EPC contract by Adani Road Transport Limited for the Ganga Path project. The project involves construction over 41.090 Kms and has a 42-month execution period. The trading window for DBL securities will be closed until 48 hours after this announcement.
The value of the new order (₹3400 Crore) represents a substantial addition to the company's order book and is expected to have a significant impact on its future financial performance.
The company has secured a significant new order worth ₹3400 Crore, which is a positive development for its business and revenue prospects.
Dilip Buildcon Limited (DBL) has received a Letter of Award (LOA) from Adani Road Transport Limited (ARTL) for the construction of the Ganga Path, connecting Sultanganj, Bhagalpur, and Sabour on an EPC (Engineering, Procurement & Construction) basis. The project, awarded on a back-to-back basis, has a total contract value of ₹3400 Crore (excluding GST).
The scope of work encompasses the design, engineering, procurement, construction, testing, and commissioning of the Ganga Path, spanning a length of 41.090 Kms. The construction period for this project is stipulated to be 42 months from the commencement date. The employer for this project is the Bihar State Road Development Corporation Limited.
In compliance with SEBI regulations, DBL has disclosed this significant award. The company also announced a closure of the trading window for dealing in its securities for all insiders, designated persons, and their relatives until 48 hours after the information is made public.
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Dilip Buildcon Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Dilip Buildcon Limited. Read the original for the full detail.