Ceigall India Wins Rs 13.1 Billion Solar Power Projects In Maharashtra

08 Oct 2025 CW Team

Under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, the company has been appointed as the Solar Power Developer (SPD) to construct solar photovoltaic generating stations with a combined capacity of 147 MW (AC).

The project, valued at Rs 5.97 billion, will include the engineering, procurement, and construction (EPC) of the 147 MW solar plant. Ceigall India will operate, maintain, and supply power for 25 years under a long-term Power Purchase Agreement (PPA) with MSEDCL. Construction and execution are expected to be completed within 18 months, after which the operational phase will begin.

In a separate development, Ceigall India has received another LoA from MSEDCL to set up grid-connected solar power projects across four additional districts in Maharashtra, with a total capacity of 190 MW (AC). This project is valued at Rs 7.12 billion.

Together, these two projects will add a total capacity of 337 MW (AC) and involve a combined investment of Rs 13.09 billion, strengthening Ceigall India’s renewable energy portfolio.

Ceigall India, a leading infrastructure EPC company, specialises in large-scale structural works, including elevated roads, flyovers, bridges, tunnels, highways, expressways, rail overbridges, and airport runways. Its operations are broadly divided between EPC projects and Hybrid Annuity Model (HAM) projects.

Financially, the company reported a 33 per cent decline in consolidated net profit to Rs 531.8 million for Q1 FY26, despite a 1.9 per cent rise in revenue to Rs 8.38 billion compared to Q1 FY25. On Friday, its stock price slipped 1.27 per cent, closing at Rs 260.65 on the BSE.

The new solar awards further diversify Ceigall India’s project portfolio and reinforce its growing role in India’s renewable energy and infrastructure development.

Ceigall India Limited has announced that it has received a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the development of grid-connected solar power projects in multiple districts across Maharashtra.Under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, the company has been appointed as the Solar Power Developer (SPD) to construct solar photovoltaic generating stations with a combined capacity of 147 MW (AC).The project, valued at Rs 5.97 billion, will include the engineering, procurement, and construction (EPC) of the 147 MW solar plant. Ceigall India will operate, maintain, and supply power for 25 years under a long-term Power Purchase Agreement (PPA) with MSEDCL. Construction and execution are expected to be completed within 18 months, after which the operational phase will begin.In a separate development, Ceigall India has received another LoA from MSEDCL to set up grid-connected solar power projects across four additional districts in Maharashtra, with a total capacity of 190 MW (AC). This project is valued at Rs 7.12 billion.Together, these two projects will add a total capacity of 337 MW (AC) and involve a combined investment of Rs 13.09 billion, strengthening Ceigall India’s renewable energy portfolio.Ceigall India, a leading infrastructure EPC company, specialises in large-scale structural works, including elevated roads, flyovers, bridges, tunnels, highways, expressways, rail overbridges, and airport runways. Its operations are broadly divided between EPC projects and Hybrid Annuity Model (HAM) projects.Financially, the company reported a 33 per cent decline in consolidated net profit to Rs 531.8 million for Q1 FY26, despite a 1.9 per cent rise in revenue to Rs 8.38 billion compared to Q1 FY25. On Friday, its stock price slipped 1.27 per cent, closing at Rs 260.65 on the BSE.The new solar awards further diversify Ceigall India’s project portfolio and reinforce its growing role in India’s renewable energy and infrastructure development.

Real Estate

08 Oct 2025

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie. Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Equipment

08 Oct 2025

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision. Hussain S..

Infrastructure Energy

08 Oct 2025

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..