+
Ceigall India Wins Rs 13.1 Billion Solar Power Projects In Maharashtra
POWER & RENEWABLE ENERGY

Ceigall India Wins Rs 13.1 Billion Solar Power Projects In Maharashtra

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code