Ceigall India secures 147 MW solar power project worth The announcement details Ceigall India Limited receiving a Letter of Award (LOA) from Maharashtra State Electricity Distribution Co. Ltd. for a 147 MW solar power project, with an EPC cost of * Ceigall India Limited received a Letter of Award (LOA) dated October 2, 2025, from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). * The LOA is for a Solar Power Developer (SPD) to establish solar photovoltaic power generating stations with an aggregate capacity of 147 MW (AC). * The project falls under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme and involves setting up grid-connected solar power projects in two districts of Maharashtra. * A Power Purchase Agreement (PPA) for 25 years will commence from the Schedule Commercial Operation Date. * The work execution period for the project is 18 months, followed by an operational period of 25 years. * The estimated Engineering, Procurement, and Construction (EPC) cost for the project is * The order was awarded by a domestic entity, and there is no interest from the promoter/promoter group/group companies in the awarding entity. * The transaction does not fall under related party transactions.
Ceigall India secured a Letter of Award from MSEDCL for a 147 MW solar power project with an EPC cost of
This is a large-scale project with a considerable EPC cost and a long-term PPA, indicating significant revenue potential and strategic growth in the renewable energy sector for the company.
The company has secured a significant new order for a 147 MW solar power project with a substantial EPC cost of
Ceigall India Limited has announced that it has received a Letter of Award (LOA) dated October 2, 2025, from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). This LOA is for the role of a Solar Power Developer (SPD) for solar photovoltaic power generating stations with an aggregate capacity of 147 MW (AC). The project falls under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme and involves setting up grid-connected solar power projects in two districts of Maharashtra. The significant terms include a Power Purchase Agreement (PPA) for 25 years from the Schedule Commercial Operation Date. The project has a work execution period of 18 months and an operational period of 25 years. The broad consideration or size of the order includes an EPC cost of
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Ceigall India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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