Dilip Buildcon Ltd
☀️ Dilip Buildcon's Solar Divestment: 1,363 MW Portfolio, INR 6,263 Cr Project Cost & Alpha Alternatives Deal
- Solar portfolio: 1,363 MW (AC) across 163 MP locations
- Power purchase agreements with MPPMCL
- Commercial operations targeted for September 2027
- Definitive agreements signed on Sept 18, 2026 with Alpha Alternatives
- Total project cost: ~INR 6,263 Cr
- Enterprise value: ~INR 6,829 Cr
- Equity funding: DBRL & Alpha Alternatives 51:49 during construction
- DBL's remaining 51% to be acquired after completion
- Estimated equity investment: ~INR 1,253 Cr
- Divestment aligns with DBL 2.0 asset-light strategy