Dilip Buildcon has secured letter of award (LoA) from Madhya Pradesh Urja Vikas Nigam 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 involves 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 the company shall secure an EPC business opportunity worth 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.
