Dilip Buildcon Ltd emerges L1 bidder for MDO contract worth Rs. 5000 crores

Dilip Buildcon Limited emerged as L-1 bidder for the tender floated by the National Aluminium Company Limited (NALCO), A Govt. of India Enterprises for "MDO Contract for Development and Operation of Pottangi Bauxite Mines along with Overland Conveyor Corridor (OLCC) and allied facilities".

- EPC Work for 1st 3 Years (OLCC, Road, Water Intake Facility & Mining and Transportation) - 3 Years - 7 MT - Rs. 1,750 crore

- Mining for Balance 22 Years - 22 Years - 77 NT - Rs. 3,250* crore

*At Current Mining Charges of Rs 423 per ton

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 430.35 as compared to the previous close of Rs. 438.00. The total number of shares traded during the day was 7201 in over 332 trades.

The stock hit an intraday high of Rs. 436.55 and intraday low of 426.80. The net turnover during the day was Rs. 3100481.00.

Source : Equity Bulls

Keywords

DilipBuildcon INE917M01012 DBL L1Bidder MDOContract NALCO