NSEBagging/Receiving of orders/contracts1d ago · 21 Sept 2026, 10:50 am
Bagging/Receiving of orders/contracts
Dilip Buildcon Limited · DBL
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Dilip Buildcon Limited has been declared as L-1 bidder by REC Power Development and Consultancy Limited for the 'Development and Operation of Intra State Transmission System' project. The project involves the establishment of a 400 KV GIS Solapur/Paranda Switching Station on a Build, Own, Operate and Transfer (BOOT) basis. The project is to be executed within 24 months from the Effective Date, and the consideration is INR 1265 crore (excluding GST).
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Dilip Buildcon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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DBL_21092026104511_L1.pdf
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September 21, 2026
To To
BSE Limited National Stock Exchange of India Ltd.
Listing Department Exchange Plaza, C-1, Block G
P.J Tower, Dalal Street Bandra Kurla Complex,
Mumbai – 400001 Bandra (E), Mumbai – 400051
Stock Symbol -540047 Stock Symbol –DBL
Sub: - Dilip Buildcon Limited has been declared as L-1 bidder by REC Power Development and Consultancy Limited
(RECPDCL) for “Development and Operation of Intra State Transmission System for Transmission of Electricity Through
Tariff Based Competitive Bidding for Establishment of 400 KV Gis Solapur/ Paranda Switching Station (Dist. Dharashiv)”
In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we are pleased to inform you that Dilip Buildcon Limited(the Company) has been
selected as the successful bidder by REC Power Development and Consultancy Limited (RECPDCL) for securing
“Development and Operation of Intra State Transmission System for Transmission of Electricity Through Tariff Based
Competitive Bidding for Establishment of 400 KV Gis Solapur/ Paranda Switching Station (Dist. Dharashiv), Maharashtra”
for a period of 35 years from Commercial Operation Date (COD) after Construction Period of 24 months.
The Project involves establishment of 400 KV Gis Solapur/ Paranda Switching Station (Dist. Dharashiv), to be executed
on Build, Own, Operate and Transfer (BOOT) basis under Tariff Based Competitive Bidding (TBCB) route.
Further, the detailed disclosure as required pursuant to Regulation 30 read with Para A of Part A of Schedule III of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended from time
to time, read with SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is exhibited hereunto as “Annexure A”
Further, as per Company's Code of conduct of Prevention of insider trading and pursuant to Securities and Exchange
Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time, the trading window for
dealing in the securities of the Company for all insiders, designated persons and their immediate relatives, connected
persons, fiduciaries and intermediaries shall be closed till 48 hours from the date the said information generally made
available with the public.
With regards
For Dilip Buildcon Limited
Abhishek Shrivastava
Company Secretary
Annexure A
S.no Particulars Description
1. Name of the entity awarding the order(s) REC Power Development and Consultancy Limited
/contract(s); (RECPDCL), acting as Bid Process Coordinator (BPC), on
behalf of Maharashtra State Transmission Utility.
2. Significant terms and conditions of Selection of Dilip Buildcon Limited as Successful Bidder
order(s)/contract(s) awarded in brief to acquire 100% equity of the Project SPV and act as
Transmission Service Provider (TSP) for development,
ownership, operation, and maintenance of the Intra-
State Transmission System on Build, Own, Operate and
Transfer (BOOT) basis under Tariff Based Competitive
Bidding (TBCB) route and Transmission Service
Agreement (TSA)
3. Whether order(s) / contract(s) have been awarded Domestic Entity
by domestic/ international entity
4. Nature of order(s) / contract(s); Development, financing, design, engineering,
procurement, construction, testing, commissioning,
operation and maintenance of transmission assets
5. Whether domestic or international Domestic
6. Time period by which the order(s) / contract(s) is to Construction and commissioning to be completed within
be executed 24 months from the Effective Date, as per RFP
7. Broad consideration or size of the order (s) / Awarded Project to be implemented under Tariff Based
contract (s); Competitive Bidding (TBCB) model.
8. Whether the promoter/ promoter group companies No
have any interest in the entity that awarded the
order(s)/contract(s)?
No, the transaction does not fall under related party
9. Whether the order(s)/contract(s) would fall within
transactions
related party transactions? If yes, whether the
same is done at "arm's length".
10. EPC for DBL (excluding GST) INR 1265 crore (excluding GST)