Dilip Buildcon (DBL) in consortium with VPR Mining Infrastructure has been awarded the contract of Mine Developer cum Operator (MDO) for the Development and Operation of Pachhwara Central Coal Block located at Rajmahal Coalfield, District Pakur, Jharkhand by Punjab State Power Corporation (PSPCL) for 55 years.
As per the terms of contract, DBL Pachhwara Coal Mines (a Special Purpose Vehicle- SPV) was incorporated by DBL having shareholding of 74% and VPR having shareholding of 26% for execution of the project.
The project is valued at Rs 32,156.04 crore.
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