In a significant move, Dilip Buildcon plans to divest its Mekhali Power Transmission stake valued at Rs 2,171 crore, with acquisition by Alpha Alternatives slated following the project’s commissioning. This strategic pivot reinforces Dilip Buildcon’s commitment to an asset-light model and enhanced financial resilience. With an expected launch around mid-2028, this initiative will bolster Alpha Alternatives’ investments in India’s growing power and renewable energy landscape.
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