StockWatch
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Civil Construction
Deals21 Sept 2026, 10:51 am

Dilip Buildcon L-1 Bidder for ₹1265 Cr Transmission Project

AI Summary

Dilip Buildcon Limited has been declared the L-1 bidder by REC Power Development and Consultancy Limited (RECPDCL) for the development and operation of an intra-state transmission system in Maharashtra. The project involves establishing a 400 KV GIS Solapur/Paranda Switching Station and will be executed on a Build, Own, Operate, and Transfer (BOOT) basis for a period of 35 years from the Commercial Operation Date (COD), following a 24-month construction period. The EPC value for Dilip Buildcon is estimated at INR 1265 crore (excluding GST). This award signifies a significant business development for the company in the power transmission infrastructure sector.

Key Highlights

  • Dilip Buildcon selected as L-1 bidder for a transmission project.
  • Project involves 400 KV GIS Solapur/Paranda Switching Station in Maharashtra.
  • Contract duration is 35 years from Commercial Operation Date.
  • Estimated EPC value for Dilip Buildcon is INR 1265 crore (excluding GST).
  • Project to be executed on Build, Own, Operate, Transfer (BOOT) basis.