Dilip Buildcon in consortium with VPR Mining Infrastructure has been awarded the contract of Mine Developer cum operator (MDO) for the Development and operation of Pachhwara central coal Block located at Raimahal coalfield, District Pakur in Jharkhand by Punjab State power Corporation (PSPCL). The contract is valued at Rs 32,156.04 crore.
As per the terms of contract, Dilip Buildcon Pachhwara coal Mines a special purpose vehicle was incorporated by Dilip Buildcon having shareholding of 74% and VPR having shareholding of 26% execution of the project.
Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.
