Dilip Buildcon Limited (DBL) has received a Letter of Award (LOA) from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for the establishment of grid-connected Solar PV-based Power Plants. This project, with a total capacity of 1363.55 MW AC under the Non-DCR category, is part of the Feeder Solarization component of the PM KUSUM-C (Surya Mitra Krishi Solarization) scheme. The power generated will be sold to Madhya Pradesh Power Management Company Limited (MPPMCL) for a duration of 25 years. The project will be executed through multiple Special Purpose Vehicles (SPVs). Dilip Buildcon Limited will secure an EPC (Engineering, Procurement, and Construction) business opportunity valued at approximately ₹4900 crores (excluding GST). This EPC work is slated to be executed over the next 18 months. In accordance with SEBI regulations, the trading window for dealing in the securities of the Company for all insiders and designated persons will remain closed until 48 hours after the information is made publicly available.
