New Delhi: Ceigall India Limited, one of India’s fastest-growing EPC companies, has secured a Letter of Award (LOA) from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for the development of Solar PV-based power generating stations with an aggregate capacity of 130 MW (AC) under the Surya Mitra Krishi Feeders Scheme – PM KUSUM-C.
The awarded project encompasses design, engineering, procurement, construction, testing, commissioning, and operation of grid-connected solar power plants across two districts in Madhya Pradesh. Valued at approximately ₹550 crore (including GST), the contract stipulates an execution timeline of 18 months, followed by a 25-year operational period under a long-term Power Purchase Agreement (PPA) commencing from the Scheduled Commercial Operation Date.
Leadership Statement
Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, remarked: “Receiving this LOA from MPUVNL marks a significant milestone in Ceigall’s renewable energy journey. The PM KUSUM-C initiative is a transformative programme aimed at strengthening clean energy adoption while supporting India’s agricultural ecosystem. We are proud to contribute to Madhya Pradesh’s renewable energy goals and remain committed to delivering the project with high standards of efficiency, reliability, and sustainability.”
Strategic Significance
This LOA underscores Ceigall India Limited’s expanding footprint in the renewable energy and solar EPC segment. It highlights the company’s capability to execute large-scale, long-duration infrastructure projects while aligning with its broader strategy of advancing sustainable infrastructure. The achievement strengthens Ceigall’s role in supporting India’s transition towards a cleaner and greener energy future.
About Ceigall India Limited (BSE: 544223 | NSE: CEIGALL)
Ceigall India Limited is an infrastructure engineering, procurement, and construction (EPC) company specializing in structural works such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. Its principal business operations are divided into EPC projects and hybrid annuity model (HAM) projects.
