Team News Riveting
Bhopal, December 22
Dilip Buildcon Limited has been declared as L-1 bidder for Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for a total capacity of 1363.55 MW AC under the Non-DCR category for “establishment of grid-connected Solar PV-based Power Plants under the Feeder Solarization component of the PM KUSUM – C (Surya Mitra Krishi Solarization)”.
“We are pleased to inform you that that 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,” the company said in a regulatory filing today. The project involves 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 crore (excluding GST) to be executed over the next 18 months.
