Dilip Buildcon (DBL) — Announcement

📢 Key Event
DBL secures LOI for 1,800 crore LPG pipeline project

💡 Investor Takeaway
This award provides DBL with long-term revenue visibility in regulated energy infrastructure, reducing reliance on cyclical construction markets.

Dilip Buildcon Limited announced it received a Letter of Intent from the Petroleum and Natural Gas Regulatory Board to develop a 1,800 crore LPG pipeline from Paradip, Odisha to Raipur, Chhattisgarh, with a 25-year operation period following a three-year construction phase. The project will be executed through a 100% owned SPV and involves design, construction, and operation of the pipeline infrastructure, with revenue generated via regulated tariffs. This award marks DBL's entry into the strategic petroleum pipeline sector, offering long-term revenue visibility and operational scale in energy infrastructure. The initiative enhances logistics efficiency by replacing road tanker transport with a safer, centralized pipeline network for oil marketing companies.

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About Dilip Buildcon Ltd (DBL)

Construction · Infrastructure Developers & Operators · Listed on BSE

Market Cap: ₹6,560.33 Cr P/E: 5.1 ROE: 18.4% ROCE: 16.4% Div Yield: 0.25%

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🔥 Also filed on 9 September 2026

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