Greater Noida: Ceigall India Limited (BSE: 544223 | NSE: CEIGALL) has received a Letter of Award (LOA) dated 09 February 2026 from Rewa Ultra Mega Solar Limited (RUMSL) for the development of Unit 1 (220 MW) at Morena Solar Park, Madhya Pradesh.
The project, awarded on a tariff-based competitive bidding mechanism, comprises a 220 MW Solar Power Project integrated with a Battery Energy Storage System (BESS). The tariff quoted for the project is ₹2.70 per kWh, with an approximate project value of ₹1,700 crore (including GST).
The construction period for the project is 24 months, followed by an operational period of 25 years. The project is expected to contribute significantly to Madhya Pradesh’s renewable energy capacity and support India’s broader clean energy transition goals. The Morena Solar Park is a key renewable energy initiative in the state and is designed to enhance grid stability through integrated storage solutions. The addition of BESS alongside solar generation will enable efficient peak power management and improved dispatch reliability.
Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said: “We are pleased to secure the 220 MW Solar and BESS project at Morena Solar Park from Rewa Ultra Mega Solar Limited. As India progresses toward its 500 GW non-fossil capacity target, integrated solar and storage solutions are essential for delivering reliable, dispatchable renewable power. This project strengthens our presence in the clean energy segment, and we are committed to executing it efficiently while supporting India’s energy transition and decarbonisation objectives.”
This order further strengthens Ceigall India’s growing order book and marks a strategic expansion into large-scale renewable energy infrastructure. The project aligns with the Company’s long-term vision of participating in nation-building initiatives across transportation and energy infrastructure.
