Deals22 Dec 2025, 11:07 am
Dilip Buildcon Ltd Wins Bid for 1363.55 MW Solar Power Project from MPUVNL
AI Summary
Dilip Buildcon Limited has been selected as the successful bidder by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for a total capacity of 1363.55 MW AC under the Non-DCR category for 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 Limited (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.
Key Highlights
- Dilip Buildcon Limited selected as successful bidder by MPUVNL for 1363.55 MW AC capacity under Non-DCR category
- Project involves establishment of grid-connected Solar PV-based Power Plants under Feeder Solarization component of PM KUSUM - C (Surya Mitra Krishi Solarization)
- Power to be sold to MPPMCL for 25 years
- Project to be implemented through multiple SPVs
- Dilip Buildcon to secure EPC business opportunity worth approximately Rs. 4900 crores (excluding GST)