Dilip Buildcon Bags ₹4,900 Cr MP Solar Project; Shares Surge

• Dilip Buildcon secured a 1,363.55 MW grid-connected solar project from MPUVNL under the PM KUSUM–C scheme in Madhya Pradesh.
• The project offers an Engineering, Procurement, and Construction (EPC) opportunity worth approximately ₹4,900 crore, to be executed over 18 months.
• Electricity from the non-DCR category solar plants will be sold to MPPMCL under a 25-year Power Purchase Agreement.
• The company's scope includes development, design, construction, testing, commissioning, and operations & maintenance of the solar plants.
• Shares of Dilip Buildcon surged over 4% following the announcement, despite a weaker September quarter financial performance.

Why It Matters: Dilip Buildcon wins major ₹4,900 Cr solar EPC project in MP, boosting shares despite recent weak financials.