StockWatch
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Civil Construction
Deals28 Sept 2026, 09:39 am

Dilip Buildcon Selected as L-1 Bidder for 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. The project involves establishing a 400 KV AIS Yavatmal (Babhulgaon) in Maharashtra, to 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 estimated EPC value, excluding GST, is INR 1151.47 crore. This award signifies a significant business development for Dilip Buildcon in the power transmission sector.

Key Highlights

  • Dilip Buildcon is the L-1 bidder for a transmission system project in Maharashtra.
  • The project involves development and operation on a BOOT basis for 35 years.
  • Construction is expected to be completed within 24 months.
  • The EPC value is approximately INR 1151.47 crore (excluding GST).
  • This is a significant business development for the company.