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.

Infrastructure Transport

29 Oct 2025

Railways approves major upgrade for Telangana traction lines

The Ministry of Railways has approved the upgradation of the electric traction system in two crucial railway sections — Medchal–Mudkhed (225 km) and Mahbubnagar–Dhone (184 km). The projects, costing Rs 1.93 billion and Rs 1.23 billion respectively, will enhance the electric traction capacity from 1X25 KV to 2X25 KV. The work includes modifications to circuit breakers and switching stations, along with the installation of additional conductors. These routes serve as vital links between Northern and Southern India via Hyderabad. Once completed, the upgraded system will reduce voltage dro..

Infrastructure Transport

29 Oct 2025

Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday. Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state. Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening d..

Infrastructure Transport

29 Oct 2025

HUDCO, JNPA sign Rs 50 billion deal for port development

In a strategic move, the Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) for an investment of Rs 50 billion to revamp and develop port infrastructure. The non-binding agreement is intended to strengthen cooperation on both existing and upcoming infrastructure projects, with a focus on development, financing, and refinancing of port facilities at the Jawaharlal Nehru Port. The MoU was formalised with the signatures of Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, and Unmesh Shar..