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Dilip Buildcon Secures ₹1,265 Crore Maharashtra Transmission Project; Shares Rise
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CNBC TV18•21-09-2026, 12:08
Dilip Buildcon Secures ₹1,265 Crore Maharashtra Transmission Project; Shares Rise
- •Dilip Buildcon was declared the L-1 bidder by RECPDCL for an intra-state transmission project in Maharashtra, causing its shares to jump.
- •The project involves developing and operating a 400 kV gas-insulated switching station at Solapur/Paranda in Dharashiv district.
- •The EPC component for Dilip Buildcon is valued at ₹1,265 crore, excluding GST.
- •Dilip Buildcon will acquire 100% equity in the project SPV and act as the Transmission Service Provider under a Build, Own, Operate and Transfer (BOOT) model.
- •Construction and commissioning are to be completed within 24 months, followed by 35 years of operation from the commercial operation date.
Key Questions Answered
The engineering, procurement, and construction (EPC) component for Dilip Buildcon's transmission project in Maharashtra is valued at ₹1,265 crore, excluding GST.
Dilip Buildcon was declared the L-1 bidder by REC Power Development and Consultancy (RECPDCL) for the transmission project.
Construction and commissioning of the project must be completed within 24 months, after which the transmission system will be operated for 35 years from the commercial operation date.
