RDB Infrastructure And Power Ltd Receives Award for Solar Cell Manufacturing Plot in Chhattisgarh
RDB Infrastructure And Power Ltd, in consortium with M/s Samvik Power Private Limited, has received a Notice of Award for an industrial plot designated for the development of a Solar Cell Manufacturing/Processing and allied Industry. The award was received from Nava Raipur Atal Nagar Vikas Pradhikaran via email on April 7, 2026, and is for the location at Layer-II, Nava Raipur Atal Nagar, Raipur, Chhattisgarh.The allotment pertains to Industrial Plot LII/IND/PCD/1.
A detailed breakdown of the award terms and conditions is provided below:
| Detail | Specification |
|---|---|
| Name of Awarding Entity | Nava Raipur Atal Nagar Vikas Pradhikaran |
| Nature of Award | Allotment of Industrial Plot for Solar Cell Manufacturing / Processing and allied Industry |
| Project Area | Approx. 36.4569 acres (1,47,531.864 sq. mt.) |
| Land Premium Rate | Rs. 2,501/- per sq. mt. |
| Total Land Premium | Rs. 36,89,77,192/- |
| Lease Terms | Lease to be executed within 90 days from the Notice of Award; land allotted on a leasehold basis for 90 years, subject to rent revision every 30 years. |
The total consideration for the allotment is reported as Rs. 36,89,77,192/- (Rupees Thirty-Six Crore Eighty-Nine Lakh Seventy-Seven Thousand One Hundred and Ninety-Two only).
The order details confirm that the awarding entity is a domestic entity and that the nature of the contract is the allotment of industrial land for the solar cell manufacturing project. The allotment does not fall within related party transactions.
Stock Price Movement
At the close of trade today, RDB Infrastructure And Power Ltd settled at ₹32.84, having climbed 3.99%. The shares traded through the day's session, oscillating between a low of ₹31.25 and an intraday high of ₹33.10.Source:
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