3 hrs ago
Dilip Buildcon Wins ₹1,265 Crore Maharashtra Transmission Project
Dilip Buildcon has won a large electricity-transmission project in Maharashtra.
The project is worth ₹1,265 crore.
Electricity-transmission assets help move power from one place to another.
The company will build and operate the assets under a model called BOOT.
BOOT means the company builds, owns and operates the project before transferring it.
The project was awarded through a competitive bidding process.
Dilip Buildcon will handle the project’s design, financing, construction and testing.
Its shares rose after the announcement.
Dilip Buildcon secured a ₹1,265 crore transmission project in Maharashtra.
The project will be developed under the Build, Own, Operate and Transfer model.
The contract was awarded through the Tariff Based Competitive Bidding route.
Dilip Buildcon’s responsibilities include financing, design, construction, commissioning and maintenance.
The company’s shares gained following the project announcement.
- Who
- Dilip Buildcon.
- What
- A ₹1,265 crore electricity-transmission project developed under the Build, Own, Operate and Transfer model.
- Where
- Maharashtra, India.
- When
- Not specified in the article.
- Why
- The project is being developed through the Tariff Based Competitive Bidding route and covers the development and operation of transmission assets.
Key facts
- Project value
- ₹1,265 crore
- Project location
- Maharashtra
- Development model
- Build, Own, Operate and Transfer (BOOT)
- Award route
- Tariff Based Competitive Bidding (TBCB)
- Project scope
- Development, financing, design, engineering, procurement, construction, testing and commissioning
- Operations
- Operation and maintenance of transmission assets
- Market reaction
- Dilip Buildcon shares gained
Sources
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