Dilip Buildcon Secures ₹4900 Crore EPC Contract for 1363.55 MW Solar Power Project
Dilip Buildcon Limited received a Letter of Award from MPUVNL for a 1363.55 MW AC solar power project under PM KUSUM-C. The EPC opportunity is valued at approximately ₹4900 crores (excluding GST) and will be executed over 18 months.
The value of the EPC contract (₹4900 crore) is substantial and represents a significant business opportunity for Dilip Buildcon Limited.
The company has secured a significant new order which is expected to contribute positively to its business.
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.
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Dilip Buildcon Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Dilip Buildcon Limited. Read the original for the full detail.