India, Dec. 22 -- Dilip Buildcon Limited (DBL) has been selected as the successful bidder by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for setting up grid-connected solar power projects with a total capacity of 1,363.55 MW (AC) under the Non-DCR category.
The project will be developed under the Feeder Solarization component of the PM KUSUM–C (Surya Mitra Krishi Solarization) scheme. The power generated from these solar PV-based plants will be sold to Madhya Pradesh Power Management Company Limited (MPPMCL) for a period of 25 years under a competitive tariff-based Power Purchase Agreement (PPA).
The projects will be implemented through multiple Special Purpose Vehicles (SPVs). As part of this development, Dilip Buildcon will s...