Dilip Buildcon Limited (DBL) announced the receipt of a Letter of Acceptance (LOA) from the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat. The project involves the “Construction of the Flood Protection Embankment on river Narmada, District Bharuch” on an EPC basis. The total awarded cost, excluding GST, stands at ₹698.49 Crore, with an expected completion period of 24 Months from the award date in March 2026.
New EPC Contract Awarded by Gujarat Authority
Dilip Buildcon Limited (DBL) has successfully secured a significant Engineering, Procurement, and Construction (EPC) contract from a key entity within the Government of Gujarat. The project, formally awarded by the Narmada Water Resources Water Supply & Kalpasar Department, is for the “Construction of the Flood Protection Embankment on river Narmada, District Bharuch.” This announcement follows up on a prior intimation made by the company on February 17, 2026.
Key Financial and Contractual Details
The detailed breakdown of the awarded contract is as follows:
- Project Value (Excluding GST): INR 698.49 Crore.
- Contract Mode: Engineering, Procurement, and Construction (EPC).
- Execution Timeline: The project is mandated to be completed within a 24 Months period.
- Nature of Entity: The contract has been awarded by a Domestic Entity.
Insider Trading Compliance Update
In adherence to best corporate governance practices, DBL confirmed that the trading window for dealing in the company’s securities will remain closed for all designated persons, insiders, and their immediate relatives. This closure will persist until 48 hours after the general public availability of this sensitive information, as per the internal Code of Conduct.
Source: BSE
