Ceigall India Expands Solar Portfolio With 337 MW Projects

The company will develop a 147 MW solar project with an EPC cost of ₹5.97 billion and a 190 MW solar project with an EPC cost of ₹7.72 billion. These projects highlight Ceigall India’s growing role in India’s renewable energy transition.

Power Purchase Agreements
Ceigall India has signed PPAs for all 337 MW of solar capacity under MSKVY 2.0, ensuring long-term revenue visibility and stable returns. This move underscores the company’s commitment to sustainable energy and its alignment with government-led clean energy initiatives.

Industry Outlook
India’s solar sector continues to attract investment as the country accelerates its renewable energy targets. With strong execution capabilities and strategic partnerships, Ceigall India is positioned to benefit from rising demand for green power solutions.

Key Highlights

• 147 MW solar project, EPC cost ₹5.97 billion
• 190 MW solar project, EPC cost ₹7.72 billion
• PPAs signed for 337 MW under MSKVY 2.0
• Strengthens renewable energy portfolio and revenue visibility

Sources: Company announcement, Reuters