Ceigall Executes 15 PPAs With MPPMCL for 130 MW Solar
POWER & RENEWABLE ENERGY

Ceigall Executes 15 PPAs With MPPMCL for 130 MW Solar

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code