NSEBagging/Receiving of orders/contracts7 Oct 2026 · 7 Oct 2026, 10:38 am
Bagging/Receiving of orders/contracts
Dilip Buildcon Limited · DBL
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Dilip Buildcon Limited has received a grant of authorisation from Petroleum and Natural Gas Regulatory Board (PNGRB) for laying, building, operating, or expanding a petroleum and petroleum product (LPG) pipeline from Paradip, Odisha to Raipur, Chattisgarh. The project entails the design, finance, development, construction, operation, and maintenance of the pipeline infrastructure, with a business opportunity valued at approximately INR 1800.00 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Dilip Buildcon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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DBL_07102026103800_IntimationLPG.pdf
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October 07, 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 received Grant of Authorisation for “Laying, Building, Operating or Expanding
Petroleum and Petroleum Product (LPG) Pipeline from Paradip, Odisha to Raipur, Chattisgarh”
In continuation of our announcement dated September 09, 2026 and 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 has received Grant of Authorisation from Petroleum and Natural Gas Regulatory
Board (PNGRB) for “Laying, Building, Operating or Expanding Petroleum and Petroleum Product (LPG) Pipeline from
Paradip, Odisha to Raipur, Chattisgarh”.
The Project entails the grant of an exclusive license by PNGRB to act as the authorized entity for the development of
“pipeline” infrastructure for the transportation of LPG, including financing, construction, and operation of the same, and to
levy and collect tariff for the transportation of LPG up to the designated delivery point for operation period of 25 years after
construction period of 3 years.
Under the proposed Project, Dilip Buildcon Limited (“DBL”) will undertake the design, finance, development,
construction, operation and maintenance of the proposed LPG pipeline infrastructure, subject to applicable approvals,
authorisations and regulatory requirements of the Petroleum and Natural Gas Regulatory Board (“PNGRB”).
The proposed pipeline infrastructure will facilitate the transportation of LPG to the bottling plants of various Oil Marketing
Companies (“OMCs”), thereby intending, replacing the existing road-based transportation of LPG through tankers and
enhancing road safety.
The pipeline is proposed to be operated also as a Common Carrier, in accordance with the applicable PNGRB framework,
with eligible OMCs/users accessing the pipeline capacity. The Project will generate revenue through the
applicable Petroleum and Petroleum Products Pipeline Transportation Tariff for transportation of LPG through the
pipeline.
Accordingly, DBL’s role through SPV will be to develop and operate the LPG pipeline infrastructure and provision of
transportation services. To clarify the matter, DBL will not be engaged in the procurement, trading, distribution or
sale of LPG, or bear the associated commercial risks relating to LPG procurement and marketing.
The Project shall be implemented through a Special Purpose Vehicle (SPV), in which Dilip Buildcon Limited (DBL) shall hold
100% equity. The Engineering, Procurement and Construction (EPC) works are proposed to be awarded to DBL,
representing a business opportunity valued at approximately INR 1800.00 crore (excluding GST), to be executed over a
period of 36 months.
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 is already closed from the end of quarter till 48 hours after the declaration of financial results
of the Company for the quarter ended September 30, 2026.
With regards
For Dilip Buildcon Limited
Abhishek Shrivastava
Company Secretary
Annexure A
S.no Particulars Description
Name of the entity awarding the order(s)
1. Petroleum and Natural Gas Regulatory Board (PNGRB)
/contract(s);
Significant terms and conditions of
2. General Contract (Grant of Authorisation)
order(s)/contract(s) awarded in brief
Whether order(s) / contract(s) have been
3. Domestic Entity
awarded by domestic/ international entity
“Grant of Authorization for Laying, Building, Operating
or Expanding Petroleum and Petroleum Product (LPG)
4. Nature of order(s) / contract(s); Pipeline from Paradip, Odisha to Raipur, Chattisgarh
by Petroleum and Natural Gas Regulatory Board
(PNGRB)”
5. Whether domestic or international Domestic
Execution Period: 3 Years
Time period by which the order(s) / contract(s) is
to be executed Operation Period: 25 years
Broad consideration or size of the order (s) /
7. INR 1800.00 crore (excluding GST)
contract (s);
8. Whether the promoter/ promoter group No
companies have any interest in the entity that
awarded the order(s)/contract(s)?
9. Whether the order(s)/contract(s) would fall No
within related party transactions? If yes, whether
the same is done at "arm's length".