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Web Exclusive | October 2018

DBL consortium to execute Rs 321.5 billion coal project

Dilip Buildcon (DBL) stated that its consortium with VPR Mining Infrastructure has been awarded the contract for the development and operation of Rs 321.5 billion coal mine project of Punjab State Power Corporation (PSPCL). PSPCL’s Pachhwara central coal block has reserves of 383 MT with a life of 55 years. The infrastructure firm DBL has a shareholding of 74 per cent and VPR 26 per cent in the SPV setup for the execution of the project.

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