As many as 82 companies have won capacities in Madhya Pradesh Urja Vikas Nigam Limited’s (MPUVNL) large-scale solar power auction held under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) scheme. The auction was floated for a total capacity of 4.3 GW, out of which 4.01 GW was finally awarded. The projects will be developed under the feeder solarization segment, also known as the Surya Mitra Krishi Solarization program, aimed at supplying clean power to agricultural feeders across Madhya Pradesh.
Dilip Buildcon Limited emerged as the biggest winner in the auction, securing a cumulative capacity of 1,363.54 MW. The company quoted tariffs ranging from ₹2.74 per kWh to ₹2.79 per kWh. Following the auction, Dilip Buildcon received a Letter of Award from MPUVNL for 1,363.55 MW AC capacity under the Non-DCR category. The projects will involve setting up grid-connected solar PV power plants, with the electricity generated to be sold to Madhya Pradesh Power Management Company Limited for a period of 25 years. The company plans to execute the projects through multiple special-purpose vehicles. Dilip Buildcon also stated that the award provides it with an EPC business opportunity valued at around ₹4,900 crore, excluding GST, which will be executed over the next 18 months.
Sunbridge Solar Power was another major winner, securing a total capacity of 471.29 MW at tariffs ranging between ₹2.75 per kWh and ₹2.85 per kWh. Landsmill Industries won 422.02 MW, quoting tariffs between ₹2.70 per kWh and ₹2.75 per kWh. Purshotam Profiles secured 173.15 MW, with tariffs ranging from ₹2.69 per kWh to ₹2.84 per kWh. Ceigall India won a cumulative capacity of 130 MW at a tariff of ₹2.85 per kWh. The remaining 77 companies together secured 1,459.25 MW, with tariffs ranging from ₹2.68 per kWh to ₹2.78 per kWh. Neutron Sunray, also known as Neutron Solar, quoted the lowest tariff in the auction.
Ceigall India Limited, which is among the fast-growing EPC players in the country, has also received a Letter of Award from MPUVNL for its 130 MW AC capacity under PM KUSUM-C. The project will be implemented across two districts in Madhya Pradesh and includes design, engineering, procurement, construction, testing, commissioning, and operation of the solar power plants. The EPC contract is valued at around ₹550 crore, including GST. The execution period is 18 months, followed by a 25-year operational phase backed by a long-term power purchase agreement starting from the scheduled commercial operation date.
The auction highlights strong participation from domestic developers and EPC companies and reflects continued interest in feeder-level solarization projects. The awarded capacities are expected to support a reliable daytime power supply for agriculture while reducing dependence on conventional energy sources and lowering emissions in the state.
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