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Ceigall India Limited (CIL), a subsidiary of Ceigall Green Energy MP Limited, has executed 15 Power Purchase Agreements (PPAs) with Madhya Pradesh Power Management Company Limited. In a press release, Ceigall India said it secured an order for a total awarded solar capacity of 130 MW under the Surya Mitra Krishi Feeder Yojana.
As per the agreement, Ceigall Green Energy MP Limited will implement, operate, maintain, and supply power from solar photovoltaic generating stations for a period of 25 years at a quoted tariff of Rs 2.85 per unit. The Surya Mitra Krishi Feeder Yojana is a key government initiative aimed at providing reliable daytime power to the agricultural sector through dedicated solar feeders, while advancing India’s clean energy goals. The project carries an estimated EPC cost of ₹572 crore (including GST) and includes a 12-month execution period, followed by a 25-year operational term.
With a healthy mix of HAM, EPC, and now renewable energy projects, Ceigall continues to strengthen its position as an integrated infrastructure developer. The company’s strategic foray into solar energy aligns with India’s broader push towards sustainable infrastructure and energy security, while complementing its core expertise in large-scale project execution.
Commenting on the announcement, Ramneek Sehgal, Chairman and Managing Director of Ceigall India Limited, said: “Completing the execution of all 15 PPAs marks a significant step in strengthening Ceigall’s presence in India’s renewable energy sector. The Surya Mitra Krishi Feeder Yojana is a major initiative supporting clean and reliable energy, and we are pleased to contribute to its implementation. This achievement reflects our commitment to developing sustainable, high-quality solar assets that support India’s long-term energy transition.”
Previously, Ceigall won a financial bid issued by Madhya Pradesh Urja Vikas Nigam Limited for developing solar PV-based power plants, along with Dilip Buildcon Limited. Dilip Buildcon Limited received a Letter of Award (LoA) from MPUVNL for a 1,363.55 MW AC project under the non-DCR category. The project involves the establishment of grid-connected solar PV-based power plants under the feeder solarisation component of PM-KUSUM (Surya Mitra Krishi Solarisation).
Dilip Buildcon Limited will secure an EPC business opportunity valued at approximately ₹4,900 crore (excluding GST), to be executed over the next 18 months. Accordingly, the EPC value for Dilip Buildcon Limited (excluding GST) is estimated at around ₹4,900 crore.
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