EPC Contract for JPMIA Phase-A Awarded to Dineshchandra Agrawal Infracon; Land Transferred to SPV

What Was Decided

The SPV developing the Jodhpur-Pali Marwar Industrial Area (JPMIA) — marketed by NICDC as the Jodhpur-Pali Industrial Smart City — issued a Letter of Award on 12 December 2025 to M/s Dineshchandra R. Agrawal Infracon (Pvt) Ltd for engineering, procurement and construction (EPC) works covering the Phase-A parcel of the project. The tender for onboarding of the EPC contractor was floated on 1st August 2025 and the LoA was issued on 12th December 2025 by the SPV. Financial bids of technically qualified bidders were opened on 14th November 2025, at which M/s Dineshchandra R. Agrawal Infracon was identified as the successful bidder. A kick-off meeting followed on 12 January 2026: the kick-off meeting with the EPC contractor M/s Dineshchandra Agrawal Infracon (Pvt) Ltd. was held on 12th January 2026.

Land Transfer and Equity Release

The award was accompanied by completion of land handover for Phase A. The 1,577.69-acre land parcel was transferred to the Project SPV by the state government, and matching equity amounting to Rs 327.69 crore was released by NICDIT.

This was a staged process. Earlier NICDC monitoring reports show a partial transfer first: 656.26 acre land was transferred by the State government with matching equity amounting to Rs 193.52 crore released as of around September–October 2025. By the time the EPC LoA was issued in December 2025, the full Phase-A parcel and the higher equity figure had been recorded, indicating the remaining land was handed over in the intervening weeks.

Project Background and Approvals

JPMIA/JPMIA IMC sits within the National Industrial Corridor Development Programme framework administered by NICDIT/NICDC. The SHA/SSA was approved by NICDIT on 14th July 2021 and executed on 29th September 2021, and the Rajasthan Industrial Corridor Development Corporation Limited (SPV) was incorporated on 15th March 2022. Environmental clearance for the JPMIA project was granted by the Ministry of Environment, Forest and Climate Change on 14th July 2017.

The overall project footprint has been revised upward since original planning. The State Government has informed the revised project area to be 8,121 acres, proposed to be developed in three phases, with Phase A — 1,577 acres — currently under master planning and preliminary engineering; the Phase-A proposal was recommended by NICDIT at a meeting held on 14th December 2022 and subsequently received CCEA approval.

The Node: Location, Scale and Purpose

JPMIA, spanning 1,578 acres, is strategically located between Jodhpur and Pali, Rajasthan, with easy access to NH-62 and SH-64, and sits 60 km from Marwar Junction on the Dedicated Freight Corridor and 30 km from Jodhpur Railway Station and Jodhpur International Airport. Environmental clearance has already been obtained from MoEF&CC, and with 100% of the land in possession of the state government, JPMIA offers an investment potential of ₹7,500 crore and an employment potential of 40,000 jobs.

JPMIA is being implemented through the Rajasthan Industrial Corridor Development Corporation (RIDCO), an SPV with equity participation of RIICO and NICDC. The project is expected to attract investment of approximately ₹7,500 crore and generate around 40,000 employment opportunities, with target sectors including textiles and apparel, agro and food processing, engineering goods, automobiles, handicrafts and building materials.

The EPC Contractor

Dineshchandra R. Agrawal Infracon Private Limited (DRA Infracon) is an infrastructure development and construction company based at Ahmedabad, Gujarat, founded by Dineshchandra Rameshwarji Agrawal at Deesa in Banaskantha district in 1972. It was incorporated with the Ministry of Corporate Affairs on 7 November 2003 and operates across airports, bridges, highways, expressways, metro rail, railways, smart cities and water supply. The Phase-A EPC scope for JPMIA covers roads, utilities and site infrastructure works for the 1,577.69-acre parcel, per the tender documentation for the Area (JPMIA) in Pali District, Rajasthan.

Practical Effect: What Happens Next

With the LoA issued and land/equity formally transferred, the contractor has moved into mobilisation. Site establishment, clearing and grubbing, and survey work are reported to be in progress following the January 2026 kick-off meeting — the standard first stage after an EPC award, ahead of detailed design and physical construction of internal roads, drainage, power and other site infrastructure for Phase A. Separately, the SPV has also issued an LoA to an EPC contractor for internal rail works at the site, with works initiated on that front. For investors and local stakeholders, this milestone means the 1,577.69-acre Phase-A zone has moved from planning/tendering into physical execution, though plot allotment and industry-ready infrastructure will depend on completion of these EPC works.