Dilip Buildcon wins ₹1,265 crore EPC work for Maharashtra power project
GST Council is in focus in a taxation development.
21 Sept 2026 · BS Companies
Dilip Buildcon has been selected by RECPDCL for a Maharashtra intra-state transmission project, with its EPC component valued at ₹1,265 crore excluding…
The analysis
GST Council reported ₹1,265 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
This is a Tax / tariff / duty event. Duty and incentive changes reset landed cost and competitive position immediately, and unlike demand shifts they arrive on a known date.
Why it matters
- Tax changes flow through to post-tax earnings and can shift the relative appeal of entire asset classes.
- With GST Council involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- Sector exposure: Power.
In this story
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