Execution Of Coal Mining Agreement (CMA) For Execution Of Mine Developer Cum Operator (MDO) Contract Of Pachhwara Central Coal Block Of Punjab State Power Corporation Limited (PSPCL) For 55 Years. The Project Is Valued At Rs. 32,156.04 Crores.

• Security Code: 540047
• Company: DBL

We are pleased to inform you that the Dilip Buildcon Limited (DBL) in consortium with VPR Mining Infrastructure Private Limited has been awarded the contract of Mine Developer cum Operator (MDO) for the Development and Operation of Pachhwara Central Coal Block located at Rajmahal Coalfield, District Pakur, Jharkhand by Punjab State Power Corporation Limited (PSPCL).

As per the terms of contract DBL Pachhwara Coal Mines Private Limited (a Special Purpose Vehicle- SPV) was incorporated by DBL having shareholding of 74% and VPR having shareholding of 26% for execution of the project.

The trading window for dealing in the securities of the Company by its designated employees, directors and promoters shall be closed from September 12, 2018 to September 14, 2018 both days inclusive).