Dilip Buildcon Joint Venture Secures BSNL Bharat Net Contract Worth ₹2,631.14 Crore

DBL-STL Consortium has been awarded an Advance Work Order (AWO) by Bharat Sanchar Nigam Limited (BSNL) for the Bharat Net Phase-III project. This initiative aims to enhance broadband connectivity across Jammu & Kashmir and Ladakh, contributing to India’s digital infrastructure.

Project Overview and Scope

The project involves the design, supply, construction, installation, upgradation, operation, and maintenance of a middle-mile network. Under the Design-Build-Operate-Maintain (DBOM) model, the consortium will facilitate both middle-mile and last-mile connectivity. The contract, valued at ₹2,631.14 crore, covers capital expenditure (CAPEX), operational expenditure (OPEX), and GST. Dilip Buildcon Limited (DBL) will execute 70.23% of the project.

Contract Terms and Execution Timeline

Awarded by a domestic entity, the contract spans 3 years for construction, followed by ten years of maintenance. The project does not involve any related party transactions, ensuring transparency. 

BSNL’s initiative is backed by the Universal Service Obligation Fund (USOF), aimed at bridging the digital divide in remote regions.

Dilip Buildcon Share Performance 

As of March 27, 2025, at 2:40 PM, the shares of Dilip Buildcon Ltd are trading at ₹472.50 per share, reflecting a rise of 4% from the previous day’s closing price. Over the past month, the stock has surged by 14.84%.

Conclusion

This contract underscores DBL-STL Consortium’s role in strengthening India’s digital infrastructure. By expanding connectivity in critical regions, the project aligns with the national objective of enhanced broadband accessibility.

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