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Business
DBL announces ₹15,000 crore investment in solar energy infrastructure
✍️ Business Standard
🗓 08 Oct 2026, 03:16 AM
👁 11
DBL, known for its road construction projects, said it will allocate ₹15,000 crore to solar power initiatives as part of a shift into energy infrastructure. The plan signals the company's entry into the renewable energy sector.
DBL announced on Thursday that it intends to invest ₹15,000 crore in solar energy projects over the coming years. The company, which has built a large portfolio of highways and bridges, said the funds will be used to develop solar power plants across various states.
The shift marks a diversification strategy for DBL as it aims to reduce dependence on traditional road construction contracts. The company said the solar push aligns with national goals for renewable energy capacity expansion.
While specific project locations and timelines were not disclosed, DBL said it will partner with experienced solar developers and seek financing through a mix of internal accruals and debt. The investment is expected to create both direct and indirect employment opportunities.
The shift marks a diversification strategy for DBL as it aims to reduce dependence on traditional road construction contracts. The company said the solar push aligns with national goals for renewable energy capacity expansion.
While specific project locations and timelines were not disclosed, DBL said it will partner with experienced solar developers and seek financing through a mix of internal accruals and debt. The investment is expected to create both direct and indirect employment opportunities.