Dilip Buildcon Limited (DBL) has received the letter of acceptance (LOA) from Maharadi Coalfield Limited (MCL) for the Mine Developer cum Operator (MDO) contract for the Development and operation of the SIARMAL Open Cast Project in Odisha.
The Rs36,819.07cr contract involves Mine Developer cum Operator for Development and Operation of Siarmal Open Cast Project in Sundergarh district of Odisha. The contract period is for 25 years. The mine reserve phas capacity of 1091 million metric tons.
Dilip Buildcon Ltd trade ended on a bullish note on Thursday at Rs703.70 per piece up by Rs48.3 or 7.37% from its previous closing of Rs655.40 per piece on the BSE.
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