Dilip Buildcon Limited divests under-construction transmission and solar projects worth INR 8,400 crore to Alpha Alternatives Fund Advisors

Type: Sale · Technology: Transmission, Solar · Country: India · Announced: 2026-08-11

Dilip Buildcon Limited finalized the divestment of its equity stakes in Mekhali Power Transmission Limited and DBL Renewable Private Limited to Alpha Alternatives Fund Advisors for a combined consideration of INR 8,400 crore. The transaction covers under-construction transmission and solar energy projects, marking a strategic shift for Dilip Buildcon to unlock capital and reduce leverage. Mekhali Power Transmission Limited is developing a transmission infrastructure project, while DBL Renewable Private Limited is advancing a solar energy project, both situated in India. Alpha Alternatives Fund Advisors, acting as the acquiring entity, gains control over these projects to integrate them into its renewable energy and infrastructure portfolio. The divestment aligns with Dilip Buildcon’s deleveraging strategy and aims to strengthen its balance sheet amid India’s expanding energy sector.

Counterparties

Source article

📈 The Sherpa Signal — one notable infrastructure deal a day.