Dilip Buildcon Limited (DBL) has moved a step closer to securing a mining assignment for NALCO’s Pottangi Bauxite Mines in Odisha after emerging as the lowest bidder. The tender covers a wide scope of mine development and operation (MDO) duties, stretching from an overland conveyor corridor and road construction to water-intake facilities, railway arrangements and transportation services.
The project, valued at INR 5,000 crore (USD 563 million), spans 25 years; however, the workflow is segregated. DBL expects the first three years to be dominated by EPC tasks worth INR 1,750 crore (USD 209.6 million approx), mostly tied to the conveyor corridor and related infrastructure. During this period, the company is required to manage and transport roughly 7 million tonnes of material.
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Post EPC phase, which is likely to run for another three years, the project will shift into long-term mining operations. The remaining 22 years will be invested in extracting 77 million tonnes, billed at the current rate of INR 423 (USD 5.06 approx) per tonne, taking this part of the contract to INR 3,250 crore (USD 389.2 million approx).
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DBL’s financial position has been strengthening as well. As per the records of September 2025, the company’s order book reveals a value of INR 18,610 crore (USD 2.09 billion approx.) . Order inflows have also picked up with new orders worth INR 5,665 crore (USD 678.7 million), and is targeting a full-year addition of INR 15,000 crore (USD 1.79 billion approx) despite a softer second quarter.
The construction firm is pushing ahead with an aggressive strategy focused on growth and diversification. It has publicly stated an ambition to deliver revenue of around INR 8,000 crore (USD 958.7 million approx) in FY26 and to reach INR 10,000 crore (USD 1.20 billion approx) in FY27. While challenges remain for the sector, DBL’s latest bid for the Pottangi mine project clearly highlights its intention to expand its mining portfolio and strengthen its long-term contracting footprint.
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