Dilip Buildcon Ltd

• A subsidiary project received the appointed date from Rajasthan Water Grid Corporation on April 29, 2026. • Project cost is Rs 2905 Cr including GST. • Project involves construction of feeder and operation & maintenance for 20 years. • Completion period is 27 months under Hybrid Annuity Model.

🚧 Major Infrastructure Project Initiated Under Hybrid Annuity Model

📅 Project Appointment Date Set

The appointed date is April 29, 2026, marking the official start of the project awarded by Rajasthan Water Grid Corporation.

💰 Project Cost and Scope

• Total project cost including GST is Rs 2905 Crores.
• Construction of a feeder from Isarda to Khura Chainpura to Bandh Baretha, Bharatpur.
• Includes 20 years of operation and maintenance (O&M) after construction.

🛠️ Project Model and Duration

• Execution under Hybrid Annuity Model (HAM), mixing government and private sector funds.
• Construction completion timeline is 27 months from appointed date.

🔍 Implications for Stakeholders

• Appointment date sets project schedule and revenue recognition timeline.
• O&M for 20 years provides a long-term revenue opportunity.
• Large Rs 2905 Cr contract adds significantly to order backlog.

💡 Understanding Hybrid Annuity Model (HAM)

Under HAM, partial payment is made during construction with balance as annuities during operation, providing stable cash flow and less financial risk for the contractor.

Overall, the announcement shows a key project initiation with defined timelines and financial details impacting company operations and revenue forecast.