Dilip Buildcon Limited (DBL) announced that its joint venture, DBL-PSP (JV), has received a Letter of Acceptance (LOA) for an industrial corridor project in Kerala worth ₹1,115.37 Crores. The project is located at Pudussery Central & Kannambra of Palakkad Node.
The LOA was granted for the design, construction, testing, commissioning, operation, and maintenance of infrastructure works at Pudussery Central & Kannambra of Palakkad Node in Kerala, under the extension of the Chennai Bengaluru Industrial Corridor (CBIC) to Kochi via Coimbatore on an EPC basis. The project is expected to be completed in 42 months.
In addition to this, DBL-RAMKY Consortium has received the Letter of Acceptance (LOA) for "Rajasthan Water Grid Project" in the state of Rajasthan, order worth ₹2,905.00 Crores.
The company has received Letter of Acceptance through DBL-RAMKY Consortium and DBL-PSP (JV) for the below mentioned projects:
| Project | Project Cost (₹ in Cr.) | Mode | Completion period |
|---|---|---|---|
| DBL-RAMKY Consortium "Construction of feeder from isarda to khura chainpura to bandh baretha bharatpur including all components with its O&M for a period of 20 years on Hybrid Annuity Model (ERCP-09-TF-8)" | 2,905.00 (including GST) | HAM | 27 Months |
| DBL-PSP (JV) "Design, Construction, Testing, Commissioning and Operation & Maintenance of Infrastructure Works at Pudussery Central & Kannambra of Palakkad Node in Kerala under extension of Chennai Bengaluru Industrial Corridor (CBIC) to Kochi via Coimbatore "On EPC Basis" | 1,115.37 (Excluding GST) | EPC | 42 Months |
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.
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"
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