Newsletter
Dilip Buildcon shares climbed 3% intraday after the company emerged as the lowest bidder for a ₹668 crore project to build the Narmada Flood Protection Embankment.
The deets: the project was floated by Gujarat’s Narmada Water Resources, Water Supply & Kalpasar Department and will be executed on an EPC basis in Bharuch district. In simple terms, Dilip Buildcon will design it, build it and deliver it.
Why does this matter: because when the monsoon hits hard, the Narmada can swell quickly. A strong embankment helps keep that water in check, reducing the risk of flooding in nearby towns and farmlands.
For Gujarat, this isn’t just construction work. It’s about stronger flood control, safer communities and fewer losses to homes, crops, roads and local businesses.
