Dilip Buildcon has secured a ₹2,524 crore canal project in Chhattisgarh, further expanding its infrastructure portfolio in the state. The order is among the larger single-project awards for the company in recent quarters and reinforces its push to diversify beyond its core road and highway business into irrigation and water-resource infrastructure, a segment that has seen increased government spending as states prioritise drinking water supply, irrigation networks, and inter-basin water transfer schemes.

The scope of work encompasses the construction of a reservoir link canal pipeline. In addition to building the pipeline, the contract covers testing, trial runs, and commissioning of the entire system. Dilip Buildcon will also be responsible for the operation and maintenance of the completed system for a period of five years following construction. The inclusion of a five-year O&M window reflects a broader trend in Indian EPC contracting, where clients increasingly seek single-point accountability extending past construction handover.

Dilip Buildcon is one of India's leading infrastructure construction companies, with a track record of executing road, highway, irrigation, and urban development projects across multiple states. The company has been active in securing large-value EPC and engineering contracts from state and central government authorities.

The company's shares erased early gains following the announcement. (CNBC-TV18)