Ceigall India Limited Secures ₹608.67 Cr Annual Order for Transmission System
Ceigall India Limited received a Letter of Intent from REC PDCL for a Common Transmission System project. The order is valued at ₹608.67 crore annually for 35 years, with a total project cost of approximately ₹5300 crore. The execution period is 36 months.
The order value of ₹608.67 crores annually for 35 years, coupled with a total project cost of ₹5300 crores, represents a material development for the company's revenue and project pipeline, significantly impacting its financial outlook.
The company has secured a significant new order with a substantial annual revenue and a long-term operational period, indicating positive business growth.
Ceigall India Limited (CIL) has announced the receipt of a Letter of Intent (LoI) from REC Power Development and Consultancy Limited (REC PDCL) via email dated September 3rd, 2026.
This LoI is for the "Common Transmission System for evacuation of power from Lakadia (Phase II: 7.5GW), Jam Khambhaliya (Phase -II: 5.5GW) and Jamnagar (Phase -I: 1GW) - Part-B". The order is a Tariff Based Contract Agreement for a Common Transmission System which includes a 765/400 kV AIS Substation with a 300 km Transmission Line.
The contract is awarded by a domestic entity and has a significant financial value. CIL will receive ₹608.67 crores annually for 35 years as transmission charges. The total project cost is approximately ₹5300 crores, inclusive of GST. The execution of the order involves 36 months of work execution, followed by a 35-year operational period.
A plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.