Dilip Buildcon Wins Rs 50 Billion NALCO Bauxite Mine Contract
COAL & MINING

Dilip Buildcon Wins Rs 50 Billion NALCO Bauxite Mine Contract

Dilip Buildcon has emerged as the lowest bidder (L-1) for the Mine Developer and Operator (MDO) contract issued by National Aluminium Company (NALCO), a Government of India enterprise. The company will execute the “MDO Contract for Development and Operation of Pottangi Bauxite Mines along with Overland Conveyor Corridor (OLCC) and allied facilities,” it said in a regulatory filing.

According to the filing, the first three years will involve Engineering, Procurement and Construction (EPC) activities covering the OLCC, road infrastructure, water intake facilities, and mining and transportation works. This initial phase, valued at Rs 17.5 billion (excluding GST), includes the handling and movement of 7 million tonnes of bauxite.

The second phase spans 22 years and will cover the mining and transportation of 77 million tonnes of bauxite, amounting to Rs 32.5 billion based on the current mining charge of Rs 423 per tonne. Altogether, the project accounts for 84 million tonnes of bauxite and carries a total value of Rs 50 billion over a 25-year period.

In compliance with SEBI regulations, the company has closed its trading window for insiders and related parties, which will remain shut until 48 hours after the announcement becomes public.

Following the disclosure, Dilip Buildcon’s shares gained nearly 1 per cent in intraday trade, while NALCO’s stock moved lower. Over the past five sessions, NALCO has fallen more than 3 per cent, whereas Dilip Buildcon’s shares have declined around 4 per cent on the National Stock Exchange.

Dilip Buildcon has emerged as the lowest bidder (L-1) for the Mine Developer and Operator (MDO) contract issued by National Aluminium Company (NALCO), a Government of India enterprise. The company will execute the “MDO Contract for Development and Operation of Pottangi Bauxite Mines along with Overland Conveyor Corridor (OLCC) and allied facilities,” it said in a regulatory filing. According to the filing, the first three years will involve Engineering, Procurement and Construction (EPC) activities covering the OLCC, road infrastructure, water intake facilities, and mining and transportation works. This initial phase, valued at Rs 17.5 billion (excluding GST), includes the handling and movement of 7 million tonnes of bauxite. The second phase spans 22 years and will cover the mining and transportation of 77 million tonnes of bauxite, amounting to Rs 32.5 billion based on the current mining charge of Rs 423 per tonne. Altogether, the project accounts for 84 million tonnes of bauxite and carries a total value of Rs 50 billion over a 25-year period. In compliance with SEBI regulations, the company has closed its trading window for insiders and related parties, which will remain shut until 48 hours after the announcement becomes public. Following the disclosure, Dilip Buildcon’s shares gained nearly 1 per cent in intraday trade, while NALCO’s stock moved lower. Over the past five sessions, NALCO has fallen more than 3 per cent, whereas Dilip Buildcon’s shares have declined around 4 per cent on the National Stock Exchange.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code