Ceigall India secures ₹1,700 Crore solar project in Madhya Pradesh as L-1 bidder
The project's substantial value of ₹1,700 Crores and long operational period of 25 years will significantly contribute to the company's revenue and future growth prospects.
The company secured a significant ₹1,700 crore project as the L-1 bidder, indicating strong competitiveness and a substantial addition to its order book.
* Ceigall India Limited has been declared the Lowest (L-1) Bidder by Rewa Ultra Mega Solar Limited in an auction held on 19 September 2025. * The company won the bid for the "Establishment of Grid-Connected Ground-Mounted Solar Photovoltaic (PV) Project with Battery Energy Storage Systems (BESS) at Morena Solar Park, Madhya Pradesh." * Ceigall quoted a tariff of ₹2.70/kWh and secured a capacity of 220 MW, which is half of the total 440 MW project capacity. * The approximate project value is ₹1,700 Crores (including GST). * The construction period for the project is 24 months, with an operational period of 25 years.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.