Dilip Buildcon Receives LOA for 100 MW Solar PV Power Project

Dilip Buildcon Limited, through its joint venture DBL-APMPL (74% owned by DBL and 26% by APMPL), has received a letter of acceptance (LOA) for a 100 MW Grid-Connected Ground-Mounted Solar PV Power Project. The project, to be developed under captive mode, will supply power to Madhya Pradesh Jal Nigam for 25 years from the date of commissioning. The project will be set up in Ramnagar and Dhanwada villages, Suwasra tehsil, Mandsaur district, and will require 315 acres of land. The power off-taker, Madhya Pradesh Jal Nigam, will infuse ₹ 31.20 crore as equity or similar instrument to hold a 26% equity share and ownership in the Project Company.