Dilip Buildcon secures ₹5,000 crore mining contract
pre-market1 source ↓written by the desknot a recommendation
- mining contract
- ₹5,000 crore
- and includes two
- 25 years
- EPC phase
- ₹1,750 crore
- mining operation phase
- ₹3,250 crore
Dilip Buildcon Ltd has won a ₹5,000 crore mining contract from National Aluminium Company Ltd (NALCO) for the Pottangi Bauxite Mines. The project spans 25 years and includes two phases: an initial ₹1,750 crore EPC phase and a subsequent ₹3,250 crore mining operation phase.
This contract is expected to enhance Dilip Buildcon's revenue stream and strengthen its position in the mining sector, potentially boosting market sentiment.
Not investment advice. For informational purposes only.