Dilip Buildcon Ltd

DBL Inks Deal: Alpha Alternatives to Acquire 51.0% Stake in ₹2,914 Cr Transmission Project 🤝

- Alpha Alternatives will acquire DBL's 51.0% stake after commissioning at EV ~INR 2,914 Cr.

- Definitive agreements signed on September 8, 2026 for divestment.

- Estimated total project cost: ~INR 2,171 Cr.

- Equity funded 51:49 (DBL:Alpha), total ~INR 429 Cr.

- Project: 400 kV sub-station & ~470 circuit km lines in Belagavi, Karnataka.

- TSA with KPTCL on BOOT basis dated May 30, 2026.

- Divestment aligns with DBL 2.0 asset-light strategy, capital recycling, deleveraging.