Dilip Buildcon Ltd received a Letter of Award from NALCO for a 25-year MDO contract worth ₹5,000 Cr (ex-GST) for Pottangi Bauxite Mines development, operation, OLCC, and allied facilities. EPC phase: ₹1,750 Cr over 3 years; mining: ₹3,250 Cr over 22 years.
Project Breakthrough
Dilip Buildcon, a leading infra EPC player, secured this landmark order from National Aluminium Company Ltd (NALCO), a Govt of India enterprise. The contract spans mine development, operation (at ₹423/ton), overland conveyor corridor (OLCC), roads, and water facilities in Odisha, building on prior disclosures.
Key Highlights
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Contract Value: ₹5,000 Cr total (ex-GST); 7 MT EPC work (₹1,750 Cr, 3 years) + 77 MT mining (₹3,250 Cr, 22 years).
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Duration: 25 years, enhancing long-term revenue visibility amid infra boom.
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Scope Details: Full MDO for Pottangi Bauxite Mines + OLCC/allied infra; domestic award, no promoter/group interest or related party ties.
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Compliance Note: Trading window closed for insiders till 48 hours post-public disclosure per SEBI PIT regs.
Strategic Boost
This order strengthens DBL's mining portfolio, positioning it for sustained execution in critical minerals sector.
Sources: BSE/NSE Filings, Dilip Buildcon Ltd Disclosure