DBL wins INR 1,265 cr transmission project in Maharashtra
DBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.5 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dilip Buildcon declared L-1 bidder by RECPDCL for 400 KV GIS switching station project in Dharashiv, Maharashtra. EPC value is INR 1,265 crore excluding GST. Project will be on BOOT basis under tariff-based competitive bidding, with 24 months construction period and 35 years operations. Order is domestic, awarded by RECPDCL on behalf of Maharashtra State Transmission Utility.
Positive for order book; strengthens revenue visibility over 24 month build phase and 35 year operation phase.