State-owned CIL arm Northern Coalfields has awarded Rs 1,469.84 crore project to DBL-DECO, a joint venture of Dilip Buildcon, for excavation work at one of its open cast mines.
“Northern Coalfields Ltd (NCL) has declared the DBL-DECO (a joint venture of the company) as the successful bidder (L-1) for excavation of overburden of first dig (solid) and rehandling by mechanical means at specified places at Nigahi OCP (Open Cast Project) of NCL at a project cost of Rs 1,469.84 crore,” Dilip Buildcon Ltd said in a filing to BSE.
Dilip Buildcon Limited (DBL) is a private sector road-focused engineering procurement construction (EPC) contractor in the country. It is a growing infrastructure development firm with about 78.44 per cent y-o-y growth for the last four years, the company said on its website. It is developing infrastructure across the country in many diverse areas such as roads and bridges, water sanitation and sewage, irrigation, industrial, commercial and residential buildings.