Dilip Buildcon Secures Rs 8.79 bn Highway Project in Tamil Nadu

03 Nov 2025 CW Team

Dilip Buildcon (DBL) has secured a Rs 8.8 billion highway project in Tamil Nadu, winning the L-1 bid for the 46.665 km stretch from Paramakudi to Ramanathapuram under the National Highways Authority of India (NHAI). The project is set for a 24-month construction period and 15 years of operation under the Hybrid Annuity Mode (HAM).

For Q2 FY2024, DBL reported a 93.6 per cent year-on-year increase in consolidated net profit, reaching Rs 2.7 billion, driven by an exceptional gain. EBITDA grew by 8.7 per cent to Rs 5.2 billion, with a margin improvement to 19.8 per cent. However, revenue declined by 16.4 per cent to Rs 26.2 billion, mainly due to slower EPC ordering activity.

DBL also successfully completed key projects, including the Bangalore-Chennai Expressway and the Raipur-Visakhapatnam Economic Corridor.

The company’s stock closed at Rs 481, up 0.65 per cent, reflecting positive market sentiment.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Resources

26 Jun 2026

G R Infraprojects Founder Vinod Agarwal Passes Away

Vinod Kumar Agarwal, Founder and Promoter of G R Infraprojects, has passed away. He had been associated with the company since its inception in 1995. His vision, determination and entrepreneurial acumen laid the foundation for the company and helped shape its growth into a leading name in India’s infrastructure sector.Agarwal served as Managing Director from 2008 to 2021 and later as Chairman and Whole-time Director from 2021 to 2025. He stepped down from the office of Director on 10 November 2025. During his leadership tenure, the company moved through significant phases of growth, operatio..

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Infrastructure Urban

25 Jun 2026

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..