Rs 29,372 crore order book: Construction company receives order worth Rs 124 crore from PNGRB

Dilip Buildcon Limited (DBL) has been selected by the Petroleum and Natural Gas Regulatory Board (PNGRB), a domestic entity, for the authorisation to lay, build, operate, or expand a dedicated Petroleum Product pipeline. This infrastructure project is designed for the transportation of Air Turbine Fuel (ATF), connecting Navgam, Gujarat, to the Sardar Vallabhbhai Patel International Airport in Gujarat. The contract grants DBL an exclusive license to develop the pipeline infrastructure, which includes the financing, Construction, and operation of the system, along with the authority to levy and collect tariffs for the transportation of ATF to the designated delivery point.

The project carries a broad consideration of approximately Rs 124.00 crore (excluding GST) and will be implemented through a wholly-owned Special Purpose Vehicle (SPV) where DBL holds 100% equity. While the overall authorisation and operational license span a period of 25 years, the Engineering, Procurement, and Construction (EPC) phase is expected to be executed over a duration of 24 months. This domestic contract represents a strategic expansion for DBL into the specialised petroleum infrastructure sector, leveraging its EPC capabilities for critical energy Logistics in Gujarat.

About the Company

Dilip Buildcon Limited is presently in the business of development of infrastructure facilities on an EPC basis and undertakes contracts from various Governments and other parties and special purpose vehicles promoted by the Company. The company has a market cap of over Rs 7,000 crore. 

As of December 31, 2025, the company's Order Book stood at Rs 29,372 crore, with orders from various business divisions, including roads & highways, metro, irrigation and water supply. The stock is up by 17.3 per cent from its 52-week low of Rs 381.05 per share.

Disclaimer: The article is for informational purposes only and not investment advice.