Dilip Buildcon JV wins LoA for 100 MW solar project in Madhya Pradesh

Dilip Buildcon Limited, through its joint venture DBL-APMPL, has received a letter of acceptance (LoA) from Madhya Pradesh Jal Nigam (MPJNM) to develop a 100 MW grid-connected, ground-mounted solar photovoltaic project under captive mode.

The JV will handle the project’s design, engineering, supply, construction, erection, testing, and commissioning, along with operation and maintenance services for 25 years. Once operational, the project will supply power to MPJNM at Rs 2.09 per kWh for the duration of the contract.

Dilip Buildcon holds a 74% stake in the JV, with APMPL owning the remaining 26%.