1 hr ago
Dilip Buildcon Wins Rs 1,800 Crore LPG Pipeline Order
Dilip Buildcon has announced a proposed project to build an LPG pipeline system.
LPG is currently transported by road in tanker trucks for this purpose.
The new pipeline would carry LPG to bottling plants used by different oil companies.
This could reduce the need for tanker transportation on roads.
The company says this may improve road safety.
Dilip Buildcon would create a special company to carry out the project.
It would own all of that special company.
The construction contract could be worth about Rs 1,800 crore, but the project still needs required approvals.
Dilip Buildcon Limited will develop proposed LPG pipeline infrastructure through a wholly owned special purpose vehicle.
The project will involve designing, financing, constructing, operating and maintaining the pipeline, subject to regulatory approvals.
The pipeline is intended to transport LPG to bottling plants operated by various Oil Marketing Companies.
The project aims to replace road-based LPG transportation by tankers and improve road safety.
The proposed Engineering, Procurement and Construction contract is valued at approximately Rs 1,800 crore, excluding GST, with completion expected within 36 months.
- Who
- Dilip Buildcon Limited is the proposed developer and EPC contractor.
- What
- A proposed LPG pipeline infrastructure project, including its design, financing, construction, operation and maintenance, with an estimated EPC opportunity of Rs 1,800 crore excluding GST.
- Where
- The pipeline would transport LPG to the bottling plants of various Oil Marketing Companies; its specific route or location is not stated.
- When
- The EPC work is expected to be completed over 36 months; the specific start date is not stated.
- Why
- The project is intended to replace road-based LPG transportation through tankers and enhance road safety.
Key facts
- Company
- Dilip Buildcon Limited
- Estimated EPC value
- Approximately Rs 1,800 crore, excluding GST
- Project structure
- A special purpose vehicle wholly owned by Dilip Buildcon Limited
- Project scope
- Design, finance, development, construction, operation and maintenance of LPG pipeline infrastructure
- Expected completion
- 36 months
- Regulatory status
- Subject to applicable approvals, authorisations and regulatory requirements of the Petroleum and Natural Gas Regulatory Board
Quotes
Dilip Buildcon Limited
Infrastructure company responsible for the proposed LPG pipeline project
“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”
businesstoday.in
Sources
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