Ceigall India Secures ₹1,700 Crore Solar Project Award
Filing Summary
Ceigall India Ltd has received a Letter of Award from Rewa Ultra Mega Solar Ltd for developing a 220 MW solar unit at Morena Solar Park, Madhya Pradesh. The project, valued at approximately ₹1,700 Crores including GST, involves a tariff-based structure with Solar and Battery Energy Storage Systems. The construction period is set for 24 months, followed by a 25-year operational period. The order is domestic, and there is no related party transaction involved. Ceigall India continues to expand its renewable energy portfolio with this significant contract.
Ceigall India Ltd has announced the receipt of a Letter of Award dated 9th February 2026 from Rewa Ultra Mega Solar Ltd. The award pertains to the development of Unit 1, with a capacity of 220 MW, at the Morena Solar Park in Madhya Pradesh.
The project is structured as a tariff-based initiative, incorporating both Solar and Battery Energy Storage Systems (BESS). The tariff quoted for the project is ₹2.70 per kWh. The approximate value of the project is ₹1,700 Crores, inclusive of GST.
The construction period for the project is specified as 24 months, with an operational period extending to 25 years. The contract is awarded by a domestic entity, and there are no related party transactions involved in this award.
Rewa Ultra Mega Solar Ltd is focused on large-scale solar projects, contributing to the renewable energy sector in India. The company is involved in developing solar parks that facilitate the generation of clean energy.
Ceigall India Ltd is engaged in expanding its presence in the renewable energy sector. The company focuses on developing infrastructure projects, including solar energy initiatives, to enhance its portfolio in sustainable energy solutions.