MoneyWorks4Me

Dilip Buildcon emerges as L-1 bidder for 1363.55 MW AC project in Madhya Pradesh

22 Dec 2025 Evaluate

Dilip Buildcon has been declared as L-1 bidder by Madhya Pradesh Urja Vikas Nigam (MPUVNL) on behalf of Madhya Pradesh Power Management Company (MPPMCL) for a total capacity of 1363.55 MW AC under the Non-DCR category. The project is for the development, design, engineering, supply, construction, testing, commissioning, operation & maintenance of Grid-Connected Solar PV Power Plants under PM KUSUM-C (Feeder Solarization) for sale of power to MPPMCL for 25 years from Scheduled Commercial Operation Date (SCOD).

The project will be implemented through multiple Special Purpose Vehicles (SPVs), and the company shall secure an EPC business opportunity valued at around Rs 4900 crore (excluding GST) to be executed over the next 18 months.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.

Peers
Company Name CMP
Lodha Developers 1133.25
Prestige EstatesProj 1452.05
Dilip Buildcon 406.75
DLF 669.80
Oberoi Realty 1837.80
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