Business
Dilip Buildcon targets 57 million tonnes coal by FY29
Livemint··1 Oct
Dilip Buildcon targets about 57 million tonnes of coal production by FY29, Devendra Jain told Mint. Siarmal output may rise from 25 million tonnes in FY26 to 50 million tonnes in FY29. Jain said FY26 output was 22.35 million tonnes at Siarmal and 6.37 million tonnes at Pachhwara. DBL also secured a Rs 1,750 crore Pottangi bauxite mines contract.
Prism
What It Means For You
- Jain said the company wants about 75% of profit from mining and infrastructure assets by FY29.
- EPC would fall to about 25% of consolidated profit from roughly 60% in FY26.
- Pottangi bauxite has 3.5 MTPA capacity and a 22 year mine life, not in the coal target.
What's Happening
- Pachhwara is expected to run at 7 million tonnes annually through FY29.
- DBL is expanding minerals beyond coal, including overseas mine development mandates.
- Jain described an integrated asset led model linking EPC work to long duration mines.
Mining Share of Profits
- Siarmal production steps through 30 and 35 million tonnes in FY27 and FY28.
- The Pottangi bauxite mines contract is valued at Rs 1,750 crore.
- Mining is positioned as a core earnings driver beside traditional EPC business.
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