Overview
- Dilip Buildcon received a letter of award from Adani Road Transport to build the Ganga Path connecting Sultanganj, Bhagalpur and Sabour in Bihar on a back-to-back EPC basis.
- The Bihar project is valued at Rs 3,400 crore (excluding GST), spans about 41 km, and carries a 42‑month timeline with Bihar State Road Development Corporation as the employer.
- The company was declared L‑1 by REC Power Development and Consultancy for a tariff‑based project to set up a 400 kV substation at Mekhali and associated lines in Belagavi district, Karnataka.
- The transmission package is valued at Rs 1,850 crore (excluding GST) with construction and commissioning targeted within 24 months from the effective date.
- For the Karnataka project, Dilip Buildcon will acquire 100% of the SPV and serve as the Transmission Service Provider for 35 years, and its shares rose roughly 5% intraday to around Rs 490 on the disclosures.