MUMBAI, India – November 24, 2025 – Dilip Buildcon Limited (DBL), a leading infrastructure developer, has announced a significant corporate development, securing its position as the lowest (L-1) bidder for a major Mining Developer and Operator (MDO) contract from National Aluminium Company Limited (NALCO).
In a regulatory filing submitted to the BSE Limited and the National Stock Exchange of India Ltd., the company informed that it has been selected for the “MDO Contract for Development and Operation of Pottangi Bauxite Mines along with Overland Conveyor Corridor (OLCC) and allied facilities.”
Project Details and Financial Scope
The contract, awarded by NALCO, a Government of India Enterprise, is substantial in both scope and duration. The project is segmented into two key phases with a total estimated value of Rs. 5,000 Crores (excluding GST).
The breakdown provided by the company is as follows:
- Phase 1 (EPC Work): This initial 3-year phase involves Engineering, Procurement, and Construction (EPC) for the Overland Conveyor Corridor (OLCC), roads, water intake facility, and mining and transportation infrastructure. The contract value for this phase is Rs. 1,750 Crores for handling 7 million tonnes of material.
- Phase 2 (Mining Operations): Following the construction phase, Dilip Buildcon will undertake mining operations for the subsequent 22 years. This balance work is valued at Rs. 3,250 Crores, based on current mining charges of Rs. 423 per tonne, for extracting 77 million tonnes of bauxite.
The total contract period spans 25 years, covering the development and operation of the mine with a total quantity of 84 million tonnes.
Strategic Significance and Market Impact
Winning a project of this scale from a Navratna PSU like NALCO is a strong testament to Dilip Buildcon’s technical expertise and competitive positioning in the mining and infrastructure sector. Such long-term contracts provide significant revenue visibility and contribute to a stable order book, which is a key metric closely watched by investors.
The company also announced that, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the “trading window” for designated insiders will be closed until 48 hours after this information becomes public. This is a standard procedure to prevent any potential insider trading.
Key Contract Highlights from the Annexure:
- Awarding Entity: National Aluminium Company Limited (NALCO)
- Contract Nature: Mining Developer and Operator (MDO)
- Execution Timeline: 25 Years
- Entity Type: Domestic
- Related Party Transaction: The company confirmed that this is not a related party transaction.
This announcement is expected to be positively received by the market, reinforcing Dilip Buildcon’s credentials in the core infrastructure and mining domain.
Authoritative Sources & Useful Websites for Investors
For comprehensive financial and market information, investors are advised to refer to official sources:
- BSE Limited (Bombay Stock Exchange)
- National Stock Exchange of India Ltd. (NSE)
- Securities and Exchange Board of India (SEBI)
- SEBI Useful Links Page: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes
Disclaimer
Not a SEBI Registered Analyst
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