Ceigall India Secures ₹1,700 Crore Solar Project in MP

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CNBC TV18•09-02-2026, 23:00
Ceigall India Secures ₹1,700 Crore Solar Project in MP
- •Ceigall India bags a ₹1,700 crore order from Rewa Ultra Mega Solar for a 220 MW solar and BESS project at Morena Solar Park, Madhya Pradesh.
- •The project, with a tariff of ₹2.70 per kWh, includes both solar and Battery Energy Storage Systems components.
- •Construction is slated for 24 months, followed by a 25-year operational period.
- •Ceigall India's Q3 net profit rose 1.2% to ₹74.1 crore, with revenue up 19.3% to ₹991 crore.
- •The company's total order book stands at ₹13,295.1 crore as of December 31, 2025, expanding into renewables and other infrastructure.
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