# Dilip Buildcon sells power projects worth Rs 8,400 crore 2026-08-10T18:05:15+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Dilip Buildcon has sold its solar and transmission projects to Alpha Alternatives for Rs 8,400 crore, the company disclosed in a stock exchange filing. The deal involves stakes in two special purpose vehicles: Mekhali Power Transmission, building a 400 kV substation in Karnataka, and DBL Renewable, developing a 1,363 MW solar portfolio in Madhya Pradesh. The transaction will follow a phased subscription and closing mechanism. Dilip Buildcon's MD Devendra Jain said the divestment will help recycle capital and strengthen the balance sheet. JM Financial was the exclusive financial advisor, and Khaitan & Co the legal counsel. ## Coverage - economictimes.indiatimes.com Tags: Alpha Alternatives, capital recycling, Dilip Buildcon, divestment, solar power, transmission projects Canonical: https://indianopinion.org/dilip-buildcon-sells-power-projects-worth-rs-8400-crore/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/dilip-buildcon-sells-power-projects-worth-rs-8400-crore/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.