New Delhi: Infrastructure company Dilip Buildcon on Thursday announced the divestment of its stake in Mekhali Power Transmission to Alpha Alternatives Fund Advisors for Rs 2,171 crore.
Mekhali Power Transmission Limited is engaged in developing, designing and engineering a 400-kilovolt substation power transmission project extending to approximately 470 circuit kilometres situated in Belagavi District, Karnataka, Dilip Buildcon Limited (DBL) said in a statement.