Dilip Buildcon targets 57 million tonnes coal output by FY29
In short
Dilip Buildcon says it wants to reach 57 million tonnes of coal output by FY29. Mint also says the company wants to move into bauxite and get 75% of profits from mining assets instead of EPC work.
This shows a big shift in the business mix, but the report does not say where the projects are or how the plan will be financed.
What the reporting says
Dilip Buildcon aims to produce 57 million tonnes of coal by FY29 and expand into bauxite, according to a Mint summary. The company is also reported to want 75% of profits to come from long-term mining assets rather than traditional EPC work. The source does not specify funding, project locations, or execution timelines beyond the FY29 target.
Why it matters
Dilip Buildcon is reported to be aiming for 57 million tonnes of coal output by FY29 while expanding into bauxite. The company also wants most profits to come from long-term mining assets rather than EPC, according to MD & CEO Devendra Jain as quoted in the Mint summary. The reporting leaves open how the shift will be funded and which assets will drive the change.