Dilip Buildcon Secures ₹124 Crore Gujarat ATF Pipeline Project

• Dilip Buildcon received a Letter of Award (LoA) from PNGRB for a ₹124 crore Air Turbine Fuel (ATF) pipeline project in Gujarat.
• The project involves laying, building, operating, and expanding an ATF pipeline from Navgam, Gujarat, to Sardar Vallabhbhai Patel International Airport.
• PNGRB grants an exclusive 25-year license, authorizing the company to finance, construct, operate, and collect tariffs for ATF transportation.
• The project will be implemented through a 100% Dilip Buildcon-owned Special Purpose Vehicle (SPV), with EPC works completed in 24 months.
• The company's Q3 net profit surged to ₹830 crore, including a ₹585 crore exceptional gain, despite a 17.5% revenue decline.