New Delhi: Dilip Buildcon said it has emerged as the lowest bidder for the development of CIL arm’s mining project in Odisha on Saturday. It has a contract value of Rs 37,215.54 crore, reported ET Energyworld.com.
The block’s mineable reserve that will be exploited over a contract period of 25 years is 1,091 million metric tonnes at a peak rated capacity of 50 million tonnes per annum, according to the company’s filing to BSE.
“The company has emerged as L-1 (lowest ) bidder in the tender floated by MCL (Mahanadi Coalfields Ltd) for development and operation of Siarmal Open Cast Project in Odisha,” Dilip Buildcon was quoted as saying by ET Energyworld.com.
