Dilip Buildcon Wins Rs 1.12bn Kerala Corridor Contract

29 Sep 2025 CW Team

Dilip Buildcon has secured a significant order worth Rs 1.12 billion from the Kerala Industrial Corridor Development Corporation (KICDC) for infrastructure development works.

The contract, awarded on a General Contract (L1) basis, covers the design, construction, testing, commissioning, and operation and maintenance of infrastructure projects at Pudussery Central and Kannambra in the Palakkad Node of Kerala, under the extension of the Chennai-Bengaluru Industrial Corridor (CBIC) to Kochi via Coimbatore.

Classified as a domestic EPC order, the project is scheduled for completion over 42 months.

The company confirmed that neither its promoters nor promoter group companies hold any interest in KICDC, and the contract is not a related party transaction.

Dilip Buildcon specialises in the development of infrastructure facilities on an Engineering, Procurement and Construction (EPC) basis and executes contracts for government bodies, private parties, and special purpose vehicles promoted by the company.

In Q1 FY26, the company’s consolidated net profit rose 93.57 per cent to Rs 271 crore, up from Rs 140 crore in Q1 FY25, while revenue from operations declined 16.40 per cent year-on-year to Rs 2,620 crore.

Shares of Dilip Buildcon closed 0.84 per cent lower at Rs 555 on the BSE.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..