RDB Infrastructure & Power Signs ₹348.64 Crore EPC MoU with Mecpower Solutions for Solar Power Project in Rajasthan

RDB Infrastructure & Power Limited (formerly known as RDB Realty & Infrastructure Limited) has entered into a Memorandum of Understanding (MoU) with Mecpower Solutions Private Limited on 16th May, 2026, for the execution of Engineering, Procurement, and Construction (EPC) works for a Solar Power Project located at Bikaner, Rajasthan. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the MoU

The agreement covers the development of a Solar Power Project with a capacity of 70 MW (AC) / 95 MW (DC), along with a 25 MWh Battery Energy Storage System (BESS). The EPC contract is valued at approximately Rs. 348.64 Crores. The following table summarises the key parameters of the order as disclosed:

Parameter:	Details
Awarding Entity:	Mecpower Solutions Private Limited
Nature of Contract:	EPC execution of Solar Power Project
Project Capacity:	70 MW (AC) / 95 MW (DC)
Battery Energy Storage:	25 MWh
Project Location:	Bikaner, Rajasthan
Contract Value:	Approximately Rs. 348.64 Crores
Domestic/International:	Domestic
Profit-Sharing Arrangement:	50:50 basis
Related Party Transaction:	No
Promoter/Group Interest:	No
Execution Timeline:	As per mutually agreed timelines and terms of the EPC Contract

Scope and Structure of the Agreement

Under the terms of the MoU, RDB Infrastructure & Power will undertake the procurement and execution of the EPC scope for the project. Both parties will jointly participate in the project on a 50:50 basis for profit-sharing. The order has been awarded by a domestic entity, and the company has confirmed that neither the Promoter, Promoter Group, nor Group Companies hold any interest in Mecpower Solutions Private Limited. The contract does not fall within the ambit of related party transactions.

Regulatory Disclosure

The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024. The communication was signed by Aman Sisodia, Company Secretary & Compliance Officer of RDB Infrastructure & Power Limited, and submitted to BSE Limited and The Calcutta Stock Exchange Limited on 16th May, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.97%	-7.86%	-14.27%	-10.61%	+51.42%	+1,029.62%

RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Limited) has informed the stock exchanges about the authorization of Key Managerial Personnel under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors has authorized these personnel for the purpose of determining materiality of events or information and for making disclosures to the Stock Exchange(s). The disclosure was made on 24 April 2026.

Authorized Key Managerial Personnel

The company has designated four individuals as authorized Key Managerial Personnel. The details of these personnel are as follows:

Sr. No.	Name	Designation	Contact Details
1	Mr. Rajeev Kumar	Chairperson and Whole Time Director	Bikaner Building, 8/1, Lal Bazar Street, 1st Floor, Room no. 10, Kolkata, West Bengal-700001, India
2	Mr. Shubham Vaidya	Additional Director in the Capacity of Managing Director
3	Mr. Ramakant Asopa	Chief Financial Officer	+91 9038440761
4	Mr. Aman Sisodia	Company Secretary & Compliance Officer	csrdbinfra@rdbindia.com

Company Details

RDB Infrastructure and Power Limited is registered with CIN No. L68100WB2006PLC110039 and operates from its office at Bikaner Building, 8/1, Lal Bazar Street, 1st Floor, Kolkata - 700 001. The company's scrip codes are 533285 on BSE Limited and 28393 on The Calcutta Stock Exchange Limited. The information regarding the authorized Key Managerial Personnel is also available on the company's website at www.rdbindia.com .

The disclosure was signed by Mr. Aman Sisodia, Company Secretary & Compliance Officer, on 24 April 2026 at 16:30:03 +05'30'. The communication was addressed to the Department of Corporate Services at BSE Limited and The Secretary at The Calcutta Stock Exchange Limited for their information and record.