CIL arm awards Rs 1,470-cr project to Dilip Buildcon JV

Image
Press Trust of India New Delhi
Last Updated : Nov 18 2016 | 1:22 PM IST
State-owned CIL arm Northern Coalfields has awarded Rs 1,469.84 crore project to DBL-DECO, a joint venture of Dilip Buildcon, for excavation work at one of its open cast mines.
"Northern Coalfields Ltd (NCL) has declared the DBL-DECO (a joint venture of the company) as the successful bidder (L-1) for excavation of overburden of first dig (solid) and rehandling by mechanical means at specified places at Nigahi OCP (Open Cast Project) of NCL at a project cost of Rs 1,469.84 crore," Dilip Buildcon Ltd said in a filing to BSE.
Dilip Buildcon Limited (DBL) is a private sector road-focused engineering procurement construction(EPC) contractor in the country. It is a growing infrastructure development firm with about 78.44 per cent y-o-y growth for the last four years, the company said on its website.
It is developing infrastructure across the country in many diverse areas such as roads and bridges, water sanitation and sewage, irrigation, industrial, commercial and residential buildings.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 18 2016 | 1:22 PM IST

Next Story