loader

Disclaimer

The Bar Council of India does not permit advertisement or solicitation by advocates in any form or manner. By accessing this website, www.khaitanco.com, you acknowledge and confirm that you are seeking information relating to Khaitan & Co of your own accord and that there has been no form of solicitation, advertisement or inducement by Khaitan & Co or its members. The content of this website is for informational purposes only and should not be interpreted as soliciting or advertisement. No material/information provided on this website should be construed as legal advice. Khaitan & Co shall not be liable for consequences of any action taken by relying on the material/information provided on this website. The contents of this website are the intellectual property of Khaitan & Co.

Please accept the above
PROCEED TO WEBSITE
Close

Search

See all results for ""

Firm Matters

  • home
Next Direction Back

Dilip Buildcon Limited - Solar Portfolio Transaction

  • 09-Oct-2026

Khaitan & Co advised on the proposed divestment by Dilip Buildcon Ltd in favour of Alpha Alternatives Fund Advisors LLP of its 49% equity stake in ten special purpose vehicles (held through DBL Renewable Pvt Ltd) undertaking the development, design and engineering of an approximately 1,363 MW (AC) grid-connected solar photovoltaic portfolio across 163 locations in Madhya Pradesh. The portfolio carries an estimated total project cost of approximately INR 6,263 crores and an enterprise value of INR 6,829 crores.

Deal Team

Dilip

The core team for the Solar Portfolio Transaction consisted of Akhil Bhatnagar  (Partner), Bhavya Bhankharia (Principal Associate) and Alankrita Singh (Senior Associate).

The deal was assisted by:

Corporate Governance: Sharad Abhyankar (Partner), 

Corporate and M&A: Bhagirath Ashiya (Partner), Palak Sheth (Associate), Gauri Jindal (Associate), Tirthesh Jain (Associate) and Shravani Bhide (Associate).

Expertise

Corporate & Commercial
Corporate Governance
Corporate and M&A

Recent Firm Matters

Firm Matters

Multiples Private Equity - Investment in Brahma AI Holdings Limited and Brahma AI Services India Limited

Multiples Private Equity - Investment in Brahma AI Holdings Limited and Brahma AI Services India Limited

Firm Matters

Dilip Buildcon Limited – Transmission Asset Transaction

Dilip Buildcon Limited – Transmission Asset Transaction

Firm Matters

Anarock Property Consultants Limited - Acquisition of stake in DSP

Anarock Property Consultants Limited - Acquisition of stake in DSP

Firm Matters

Anarock Property Consultants Limited - Proposed initial public offering

Anarock Property Consultants Limited - Proposed initial public offering

Firm Matters

Autodesk Inc - Acquisition of select technology assets and intellectual property from BIMDeX

Autodesk Inc - Acquisition of select technology assets and intellectual property from BIMDeX

Firm Matters

R R Kabel Limited - Acquisition of the Optical Fibre and related Cable Business of U M Cables Limited

R R Kabel Limited - Acquisition of the Optical Fibre and related Cable Business of U M Cables Limited

Firm Matters

ABC Impact - Composite scheme of arrangement

ABC Impact - Composite scheme of arrangement

Firm Matters

ABDFVL acquires remaining stake in Imperial Online Services Private Limited (Urbano Fashion)

ABDFVL acquires remaining stake in Imperial Online Services Private Limited (Urbano Fashion)

Firm Matters

PricewaterhouseCoopers Services - Joint venture between PwC India and PwC US

PricewaterhouseCoopers Services - Joint venture between PwC India and PwC US
View All