Dilip Suryavanshi at the helm of company’s growth, says Devendra Jain, Director, Dilip Buildcon
Dilip Buildcon Ltd (DBL) is at present the biggest private-segment, road centered Engineering, Procurement and Construction player in the nation, executing tasks worth over Rs 6,000 crore. Besides that, it is the quickest developing base improvement organization of India, with around 100% perpetual year-on-year development for as long as seven years. With Dilip Suryavanshi as its Managing Director, it is creating foundation the nation over in assorted regions, for example, streets, extensions, water sanitation and sewage, watering system, and so on. The organization has effectively finished probably the most perplexing and testing roadway improvement activities and it has additionally won various recompenses and acknowledgment with the latest award from the World Bank for its Ahmedabad-Godhra venture. Devendra Jain, Director, Dilip Buildcon Ltd, shares his company´s plans and views on the industry in an interview.
Your company is one of the largest private-sector, road-focused EPC players in the country. Tell us more about your projects.
We mainly specialize in road projects. However, at present, we have one dam project worth Rs 500 crore and a Rs 1,000 crore canal project in Madhya Pradesh. We are also carrying out projects in the irrigation and water supply segment. Other than Madhya Pradesh, we are carrying out projects in Rajasthan, Maharashtra, Tamil Nadu, Karnataka, Telangana, Andhra Pradesh and Uttar Pradesh. We have recently completed two projects in Gujarat too. Of the total amount, we are investing about Rs 4,000 crore in road projects and the remaining Rs 2,000 crore in irrigation and water supply projects. We are also continuously bidding for EPC contracts of National Highways Authority of India (NHAI) and Ministry of Roads Transport and Highways (MORTH).
Have you used any innovative materials in any of your recent projects? If yes, please highlight the technology and its advantages.
We use innovative technologies, one being the Tech Feb technology for our project in Madhya Pradesh. In terms of innovative machines, we use soil stabilizing to increase the soil properties. We employ milling machines to reuse existing crushed sand and the sand classifier that converts the material from the crusher into sand. This technology helps reduce cost and time.
Projects often face delay owing to lack of land, environment or forest clearance or funds. Share your experience on these. How do you strategize to ensure hassle-free completion?
The biggest challenge is land acquisition and environment clearance of mines in our country. In the past three to four years, owing to the unviable bidding carried out by players, bankers have also reduced their rates of interest. The new government is taking steps to bring unviable projects back into EPC, the projects where there was less traffic and that were unnecessary put into BOT. If the government also pays attention to challenges faced on field such as land acquisition, environment clearance and forest approvals, the industry will flourish. There is a strategy for every project. We have our own clearance team that works along with the government. But in the matter of government policies, we cannot do anything. This is a big challenge.
According to reports, Nitin Gadkari will release Rs 2 lakh crore of infra projects. Also, state governments now have the authority to clear projects up to Rs 1,000 crore. What opportunities do you foresee?
There are many opportunities but the Government will have to provide early clearances and bankers too will have to cooperate. There is a lot of potential for our company in the background of these infra projects getting clearance as we specialize in the road segment and have carried out projects across the country. As the company is largely based in Madhya Pradesh, we are very aggressive bidders in the state. However, in other states where we are already mobilized, we bid for the project on a cluster approach.
About Dilip Buildcon
Dilip Buildcon Limited (DBL) is one of the leading private sector road-focused Engineering Procurement Construction(EPC) contractors in the country . DBL is also the fastest growing infrastructure development company of India with about 78.44% continuous year-on-year growth for the last four years. We are developing infrastructure across the country in many diverse areas such as roads & bridges, water sanitation & sewage, irrigation, industrial, commercial & residential buildings.
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