DDEL Secures Rs 3,870 Million BPCL Contract
ECONOMY & POLICY

DDEL Secures Rs 3,870 Million BPCL Contract

DDEL has secured a contract from Bharat Petroleum Corporation Limited (BPCL) valued at Rs 387 crore, the company said. The amount converts to Rs 3,870 million (mn) and will be reflected in the firm order book. The award from BPCL represents a material addition to outstanding work and was disclosed in a regulatory filing by the company. The announcement did not disclose detailed terms or project timelines.

With the BPCL order included the company's order book now tops Rs 2,400 crore, the statement said. That total converts to Rs 24 billion (bn) and represents contracts awaiting execution across the company's active portfolio. The rise in backlog follows a sequence of contract wins that the company has been reporting in recent updates and contributes to the scale of work under management. The order book metric is used by the firm to signal its near term workload.

The company indicated that the BPCL award will be recorded under its outstanding orders and will strengthen revenue visibility without providing further operational detail. The addition will support resource allocation and scheduling across ongoing projects while the firm finalises mobilisation plans. Management reiterated that contract recognition follows standard accounting and disclosure norms and that the order book figure reflects confirmed awards.

Investors and market observers will monitor order book growth as an indicator of future execution and cash flow. The company will update market filings as required and continue to report on order inflows and progress against contracted work in its periodic disclosures.

DDEL has secured a contract from Bharat Petroleum Corporation Limited (BPCL) valued at Rs 387 crore, the company said. The amount converts to Rs 3,870 million (mn) and will be reflected in the firm order book. The award from BPCL represents a material addition to outstanding work and was disclosed in a regulatory filing by the company. The announcement did not disclose detailed terms or project timelines. With the BPCL order included the company's order book now tops Rs 2,400 crore, the statement said. That total converts to Rs 24 billion (bn) and represents contracts awaiting execution across the company's active portfolio. The rise in backlog follows a sequence of contract wins that the company has been reporting in recent updates and contributes to the scale of work under management. The order book metric is used by the firm to signal its near term workload. The company indicated that the BPCL award will be recorded under its outstanding orders and will strengthen revenue visibility without providing further operational detail. The addition will support resource allocation and scheduling across ongoing projects while the firm finalises mobilisation plans. Management reiterated that contract recognition follows standard accounting and disclosure norms and that the order book figure reflects confirmed awards. Investors and market observers will monitor order book growth as an indicator of future execution and cash flow. The company will update market filings as required and continue to report on order inflows and progress against contracted work in its periodic disclosures.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement