Dilip Buildcon divests 1,363 MW under development solar portfolio to Alpha Alternatives
Dilip Buildcon announced the execution of definitive agreements for the divestment of its stake in ten special purpose vehicles (SPVs) held through its wholly-owned subsidiary, DBL Renewable (DBRL), undertaking the Company's under-construction solar portfolio, to Alpha Alternatives Fund Advisors LLP and/or its affiliates and/or funds managed by Alpha Alternatives Fund Advisors LLP (Alpha Alternatives). The total project cost of the solar portfolio is approximately Rs 6,263 crore.