Dilip Buildcon has informed that Dilip Buildcon (the Company) has been selected as the successful bidder by Madhya Pradesh Urja Vikas Nigam (MPUVNL) for a total capacity of 1363.55 MW AC under the Non-DCR category. This project involves the establishment of grid-connected Solar PV-based Power Plants under the Feeder Solarization component of the PM KUSUM - C (Surya Mitra Krishi Solarization). The power generated will be sold to Madhya Pradesh Power Management Company (MPPMCL) for 25 years. The project will be implemented through multiple Special Purpose Vehicles (SPVs), and Dilip Buildcon Limited shall secure an EPC business opportunity valued at approximately Rs 4900 crores (excluding GST) to be executed over the next 18 months.
The above information is a part of company’s filings submitted to BSE.
