Dilip Buildcon declared L-1 bidder for 400 kV sub-station project in Karnataka
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Dilip Buildcon has been declared successful bidder (L-1) by REC Power Development and Consultancy Limited (RECPDCL) for establishing a 400 kV sub-station at Mekhali in Belagavi, Karnataka, along with associated 400 kV and 220 kV transmission lines. The project is on BOOT basis under TBCB route, awarded on behalf of Government of Karnataka, for 35 years from COD. Construction to be completed within 24 months. EPC value is 1850 crore (without GST).
Adds about 1850 crore to order book, boosting long-term revenue visibility through 35-year BOOT concession.