Dilip Buildcon Emerges L1 Bidder for ₹268 Crore EPC Project in Gujarat

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Dilip Buildcon, through its JV, has been declared the L1 bidder for a ₹268 crore EPC project by the Government of Gujarat for barrage construction and river protection works.

PRICE-SENSITIVE TRIGGER

Event: L1 bidder status for EPC project

Type: Order Win (Pending Final Award)

Impact: Positive

Immediate Effect: Potential addition to order book

Key Metrics

  • Project Value: ₹268 crore (excluding GST)
  • Execution Timeline: 24 months
  • O&M Period: 10 years

Highlights

Project Value: ₹268 crore

What Happened ?

Dilip Buildcon Limited announced that it has been declared the L1 (lowest bidder) for a project floated by the Narmada Water Resources Water Supply & Kalpsar Department, Government of Gujarat.

The project involves EPC work related to barrage construction and river protection.

Key details

Project Overview

  • Client: Government of Gujarat
  • Department: Narmada Water Resources
  • Nature: EPC (Engineering, Procurement & Construction)

Scope of Work

  • Design & construction of Ged Barrage
  • River protection works
  • Allied infrastructure activities
  • Includes 10-year operation & maintenance

Location

  • River Sabarmati (Gujarat)

Timeline

  • Execution period: 24 months

Strategic Importance

  • Strengthens water infrastructure portfolio
  • Enhances government project pipeline
  • Adds long-term O&M revenue component
Risk Analysis

Key Risks

  • Order not yet awarded (only L1 bidder)
  • Execution and cost risks
  • Dependency on government approvals

Worst Case Scenario

Project not awarded despite L1 status

Risk Level: Medium

Company Commentary
  • Strong competitive positioning in EPC bidding
  • Expanding presence in water infrastructure
  • Continued participation in government projects

Official Exchange Filing: Dilip Buildcon Limited

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