Dilip Buildcon Limited has been declared the Lowest (L-1) bidder for a significant road construction tender floated by the Odisha Bridge & Construction Corporation Limited (OBCCL). The contract involves the EPC mode construction of a diversion road in the Sundargarh District. The total project value stands at Rs. 160.20 Crores (excluding GST), with a stipulated completion period of 18 months from the award date.
Major EPC Contract Awarded in Odisha
Dilip Buildcon Limited officially announced on March 14, 2026, that it has secured L-1 bidder status for a major infrastructure project in the state of Odisha. The tender was issued by the Odisha Bridge & Construction Corporation Limited (OBCCL), and the contract will be executed on an Engineering, Procurement & Construction (EPC) basis.
Project Details and Financial Scope
The scope of work pertains to the “Construction of Diversion Road from 4/700 km to 11/500 km of Duduka-Gopalpur-Toparia Road (6 Lane with Service Road)” in the District of Sundargarh. The broad consideration size for this contract, excluding GST, is quantified at INR 160.20 Cr. The domestic entity anticipates the project must be executed within a time period of 18 Months.
Compliance and Insider Trading
The company confirmed that the order was awarded by a Domestic Entity. Furthermore, there is No interest held by the promoter or promoter group companies in the awarding entity, and the transaction is not classified under related party transactions, thereby being conducted at an “arm’s length.” In adherence to internal codes, the trading window for all designated persons and insiders will remain closed until 48 hours after this information is made generally available to the public.
Source: BSE
