Dilip Buildcon Emerges as L-1 Bidder for ₹1,850 Crore 400 kV Substation Project

The newly bagged EPC contract focuses on constructing a 400 kV GIS substation along with associated transmission lines, control systems, and civil works. This initiative is aimed at strengthening India’s high-voltage transmission network, ensuring grid stability and reliable power for industrial and urban centers.

Key Highlights

• Project Value: ₹1,850 crore (approx. ₹18.50 billion).
• Scope of Work: Design, engineering, supply, erection, testing, and commissioning of a 400 kV substation project.
• Client: Likely a central power transmission entity such as PGCIL or a state transmission corporation.
• Strategic Impact: Strengthens DBL’s footprint beyond highways into the power and utilities sector.
• Execution Timeline: Expected completion within 30–36 months of award confirmation.
• Market Reaction: Shares of DBL are expected to gain momentum as investors welcome this diversification-led growth milestone.
• The win further consolidates DBL’s evolution from a road-focused contractor to a multi-vertical EPC powerhouse driving India’s infrastructure ambitions.

Sources: Exchange Filing (BSE/NSE), Moneycontrol, Economic Times