India, Dec. 23 -- Dilip Buildcon Limited has received a Letter of Award (LOA) from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), acting on behalf of Madhya Pradesh Power Management Company Limited (MPPMCL), for the development of 1,363.55 MW (AC) of grid-connected solar PV power projects under the Non-DCR category.
The project falls under the Feeder Solarization component of PM KUSUM-C (Surya Mitra Krishi Solarization) scheme. Power generated from these solar plants will be sold to MPPMCL under a 25-year Power Purchase Agreement (PPA).
The projects will be implemented through multiple Special Purpose Vehicles (SPVs). As part of this award, Dilip Buildcon will secure an EPC business opportunity valued at approximately ?4,900 crore (exc...