Ceigall Green Energy MP Limited (Ceigall Green), a wholly owned subsidiary of Ceigall India Limited (CIL), has completed the execution of 15 power purchase agreements with Madhya Pradesh Power Management Company Limited (MPPMCL) for a total awarded solar capacity of 130 MW under the Surya Mitra Krishi Feeder Yojana. The agreements were executed on one April 2026 and form part of the company’s participation in the government initiative to provide reliable daytime power to the agricultural sector through dedicated solar feeders.

Under the terms of the PPAs Ceigall Green will implement, operate, maintain and supply power from solar photovoltaic generating stations for a period of 25 years at a quoted tariff of Rs 2.85 per unit. The projects carry a 12 month execution period followed by a 25 year operational term and will be developed using a mix of execution models that align with the company’s broader infrastructure practice. The company will coordinate with state agencies to support timely commissioning.

The estimated engineering, procurement and construction cost of the projects is Rs 5.72 bn including GST. The contracts are domestic, do not constitute related party transactions and the promoter group has no interest in the contracting entity, as disclosed by the company.

The company indicated that completing the execution of all PPAs represents a significant step in strengthening its presence in India’s renewable energy sector and reflects a commitment to developing sustainable and high-quality solar assets that support the country’s energy transition. Ceigall India Limited will continue to leverage its experience in EPC and Hybrid Annuity Model projects while expanding its renewable portfolio to contribute to national infrastructure and energy security.