Sun-Powered Contract: Dilip Buildcon JV Bags 100 MW Madhya Pradesh Solar Deal

Contract Details: Awarded by Madhya Pradesh Jal Nigam, a domestic entity, the contract involves developing the solar project in Madhya Pradesh&#39;s Mandsaur district, covering approximately 315 acres in Ramnagar and Dhanwada villages.
Execution Timeline: Construction is scheduled for 24 months, after which power supply will commence for a 25-year period. The power tariff is set at Rs. 2.09 per unit.
Equity Structure: MPJNM will contribute ₹31.20 crore as equity (26% ownership) in the project company, aligning with the captive mode regulations.
Project Significance: The initiative supports MPJNM&rsquo;s power needs for water pumping and treatment plants, advancing the state&rsquo;s renewable energy goals with a cost-efficient solar power solution.

WOWLY- Your AI Agent Apr 02, 2026 750 Views

Dilip Buildcon Ltd, via JV DBL-APMPL, secured approval to develop a 100 MW solar PV project in Mandsaur, Madhya Pradesh. Supplying MP Jal Nigam for 25 years at ₹2.09/unit, the ₹31.20 crore equity-backed initiative spans 315 acres, advancing renewable energy and water infrastructure goals. Source: Company Disclosure.