Dilip Buildcon Divests 51% Stake in Mekhali Power

has divested a 51% equity stake in Mekhali Power Transmission Limited to Alpha Alternatives for approximately ₹2,914 crore. The estimated project cost stands at ₹2,171 crore. Under the partnership arrangement, equity funding will be shared in a 51:49 ratio. The transaction is consistent with Dilip Buildcon’s asset-light strategy, allowing the company to monetise its investment while retaining a significant interest in the power transmission project. This capital recycling initiative strengthens the company’s balance sheet and provides flexibility to pursue new infrastructure opportunities. The partnership with Alpha Alternatives supports the continued development and execution of the Mekhali transmission asset. **Top stocks in the infrastructure & construction industry:** Larsen & Toubro, IRB Infrastructure Developers, and PNC Infratech.