Dilip Buildcon Share Price Gains Over 2% After Securing 1,363.55 MW Solar Project Worth ₹4,900 Crore

Dilip Buildcon Limited has been awarded a significant solar project in Madhya Pradesh, marking a major milestone for the company in the renewable energy sector. The project, under the PM KUSUM-C scheme, involves establishing grid-connected solar power plants. 

Details of the 1,363.55 MW Solar Project 

On December 22, 2025, Dilip Buildcon Limited announced its selection as the L-1 bidder for a 1,363.55 MW AC solar project by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL).  

This project falls under the Non-DCR category and is part of the Feeder Solarization component of the PM KUSUM-C initiative. The generated power will be sold to Madhya Pradesh Power Management Company Limited (MPPMCL) for a duration of 25 years. 

The project will be executed through multiple Special Purpose Vehicles (SPVs), providing Dilip Buildcon with an EPC business opportunity valued at approximately ₹4,900 crore, excluding GST. The execution timeline is set for the next 18 months. 

Contract Terms and Execution 

The contract awarded by MPUVNL is a competitive tariff-based Power Purchase Agreement (PPA) under PM KUSUM-C, governed by MNRE guidelines and MPERC regulations.  

The nature of the contract encompasses development, design, engineering, supply, construction, testing, commissioning, operation, and maintenance of the grid-connected solar PV power plants. 

Read More: Diamond Power Infrastructure Wins ₹55.54 Crore Power Cable Order from Bondada Engineering! 

Dilip Buildcon Share Price Performance 

As of December 22, 2025, at 11:16 AM, Dilip Buildcon share price on NSE was trading at ₹472.45 up by 2.87% from the previous closing price. 

Conclusion 

Dilip Buildcon's successful bid for the 1,363 MW solar project in Madhya Pradesh highlights its growing footprint in the renewable energy sector. The project, under the PM KUSUM-C scheme, is a testament to the company's capabilities in executing large-scale solar initiatives. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.