New Delhi: State-owned CIL arm Northern Coalfields has awarded Rs 1,469.84 crore project to DBL-DECO, a joint venture of Dilip Buildcon, for excavation work at one of its open cast mines.
"Northern Coalfields Ltd (NCL) has declared the DBL-DECO (a joint venture of the company) as the successful bidder (L-1) for excavation of overburden of first dig (solid) and rehandling by mechanical means at specified places at Nigahi OCP (Open Cast Project) of NCL at a project cost of Rs 1,469.84 crore," Dilip Buildcon Ltd said in a filing to BSE.
Dilip Buildcon Limited (DBL) is a private sector road-focused engineering procurement construction (EPC) contractor in the country. It is a growing infrastructure development firm with about 78.44 per cent y-o-y growth for the last four years, the company said on its website.
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