Dilip Buildcon Share Price jumps Over 3%; Declared as L-1 Bidder for ₹668.02 Crore Narmada EPC Project

Dilip Buildcon Limited has been declared the lowest (L1) bidder for a flood protection embankment project on the Narmada River in Bharuch district, Gujarat. The contract is valued at ₹668.02 crore, excluding GST.  

As per the exchange filings, the project has been tendered by the Narmada Water Resources, Water Supply and Kalpasar Department of the Government of Gujarat.  

EPC Contract with 2-Year Timeline 

The work will be carried out under the engineering, procurement, and construction (EPC) model. Under this format, the contractor handles design, procurement of materials, and execution of the project. The completion period for the contract has been set at 24 months.  

The order is classified as a domestic contract, and the company has been identified as the L1 bidder under a general contract structure. The disclosed project cost stands at ₹668.02 crore, excluding taxes.  

Order Terms and Disclosures 

In its filing, the company stated that the awarding authority is a government department in Gujarat. It also confirmed that the promoter group has no interest in the entity awarding the contract.  

The company added that the order does not fall under related party transactions. The disclosure was made to the stock exchanges in line with listing regulations after the company was declared the lowest bidder.  

Read More: Dilip Buildcon Share Price in Focus; Receives Order Worth ₹124 Crore for ATF Pipeline Project from PNGRB! 

Dilip Buildcon Share Price Performance  

As of February 18, 2026, 09:43 am, Dilip Buildcon share price was trading at ₹449.50, a 3.35% increase from the previous closing price. 

Conclusion 

Dilip Buildcon has been declared the lowest bidder for the ₹668.02 crore flood protection project in Bharuch, with execution scheduled over a 24-month period. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.