Dilip Buildcon wins ₹1,265 crore EPC work for Maharashtra power project

Mumbai: Infrastructure firm Dilip Buildcon Ltd. has secured a significant engineering, procurement, and construction (EPC) contract for an intra-state transmission project in Maharashtra. The project, awarded by REC Power Development and Consultancy Limited (RECPDCL), marks a notable addition to the company's order book.

The EPC component of the contract is valued at ₹1,265 crore, a figure that excludes Goods and Services Tax (GST). This win underscores Dilip Buildcon's continued presence and capabilities in the critical power infrastructure sector. The project aims to enhance Maharashtra's internal power transmission capabilities, contributing to the state's energy grid stability and efficiency.

RECPDCL, a wholly-owned subsidiary of REC Limited (formerly Rural Electrification Corporation Limited), is a key player in developing power projects and providing consultancy services across India. Their selection of Dilip Buildcon highlights the latter's competitive standing and expertise in executing large-scale infrastructure assignments.

This contract is expected to further solidify Dilip Buildcon's revenue streams and operational footprint in Western India. The company has a diversified portfolio, including roads, bridges, and other civil construction projects, and this latest award reinforces its strategic focus on infrastructure development.

What to watch: The timeline for project execution and its impact on Dilip Buildcon's financial performance in upcoming quarters.

Editor's note: The article accurately reflects the source summary and adds relevant, uncontradicted context. Well-written and informative.

This article is AI-generated and fact-gated. Original reporting: Business Standard