Dilip Buildcon Wins Rs 52.5bn Bihar Road, Karnataka Power Jobs

31 Dec 2025 CW Team

Shares of Dilip Buildcon rose 3.80 per cent to Rs 484.25 after the company announced it had secured a letter of award for a major road construction project in Bihar.

The road project, valued at Rs 34 billion, has been awarded by Adani Road Transport, with the Bihar State Road Development Corporation named as the employer. The contract involves the engineering, procurement and construction of the Ganga Path, connecting the Sultanganj–Bhagalpur–Sabour Road. Executed on a back-to-back basis, the scope covers end-to-end activities from design and engineering to testing and commissioning. The project spans a construction length of 41.09 km and is scheduled to be completed within 42 months.

In a separate regulatory filing, Dilip Buildcon said it has also emerged as the successful bidder for a major power transmission project in Karnataka, valued at Rs 18.5 billion. The contract has been awarded by REC Power Development and Consultancy Limited.

The project involves the establishment of a 400/220/33 kV substation at Mekhali in Belagavi district, along with associated 400 kV and 220 kV transmission lines. It will be executed on a build, own, operate and transfer (BOOT) basis. Under the agreement, Dilip Buildcon will acquire 100 per cent equity in a special purpose vehicle that will act as the transmission service provider for 35 years from the commercial operation date.

The project was awarded through a tariff-based competitive bidding process and will operate under a transmission service agreement. Construction and commissioning are expected to be completed within 24 months.

Dilip Buildcon is engaged in the development of infrastructure projects on an engineering, procurement and construction basis, undertaking contracts for government bodies and special purpose vehicles.

On the financial front, the company reported a 22.8 per cent year-on-year decline in consolidated net profit to Rs 1.81 billion in Q2 FY26, compared with Rs 2.35 billion in Q2 FY25. Revenue from operations also fell 22.9 per cent year on year to Rs 19.26 billion during the quarter.

Shares of Dilip Buildcon rose 3.80 per cent to Rs 484.25 after the company announced it had secured a letter of award for a major road construction project in Bihar. The road project, valued at Rs 34 billion, has been awarded by Adani Road Transport, with the Bihar State Road Development Corporation named as the employer. The contract involves the engineering, procurement and construction of the Ganga Path, connecting the Sultanganj–Bhagalpur–Sabour Road. Executed on a back-to-back basis, the scope covers end-to-end activities from design and engineering to testing and commissioning. The project spans a construction length of 41.09 km and is scheduled to be completed within 42 months. In a separate regulatory filing, Dilip Buildcon said it has also emerged as the successful bidder for a major power transmission project in Karnataka, valued at Rs 18.5 billion. The contract has been awarded by REC Power Development and Consultancy Limited. The project involves the establishment of a 400/220/33 kV substation at Mekhali in Belagavi district, along with associated 400 kV and 220 kV transmission lines. It will be executed on a build, own, operate and transfer (BOOT) basis. Under the agreement, Dilip Buildcon will acquire 100 per cent equity in a special purpose vehicle that will act as the transmission service provider for 35 years from the commercial operation date. The project was awarded through a tariff-based competitive bidding process and will operate under a transmission service agreement. Construction and commissioning are expected to be completed within 24 months. Dilip Buildcon is engaged in the development of infrastructure projects on an engineering, procurement and construction basis, undertaking contracts for government bodies and special purpose vehicles. On the financial front, the company reported a 22.8 per cent year-on-year decline in consolidated net profit to Rs 1.81 billion in Q2 FY26, compared with Rs 2.35 billion in Q2 FY25. Revenue from operations also fell 22.9 per cent year on year to Rs 19.26 billion during the quarter.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..