Ceigall India Limited announced on February 10, 2026, that it has secured a significant Letter of Award (LOA) worth approximately ₹1,700 crore from Rewa Ultra Mega Solar Limited (RUMSL). The project involves developing a 220 MW Solar Power Project integrated with a Battery Energy Storage System (BESS) at Morena Solar Park, Madhya Pradesh. The construction period is set for 24 months, followed by a 25-year operational period, marking a strategic expansion into large-scale renewable infrastructure.
Ceigall India Wins Major Renewable Energy Contract
Ceigall India Limited confirmed that it has received a Letter of Award (LOA) dated February 09, 2026, from Rewa Ultra Mega Solar Limited (RUMSL). This award is for the development of Unit 1 (220 MW) at Morena Solar Park in Madhya Pradesh.
The project was secured through a tariff-based competitive bidding mechanism. The quoted tariff for the project stands at ₹2.70 per kWh, resulting in an approximate total project value of ₹1,700 crore (including GST).
Project Details and Strategic Impact
The timeline for execution includes a construction period of 24 months, which will be followed by an operational period lasting 25 years. This undertaking is anticipated to substantially boost Madhya Pradesh’s renewable energy capacity and support India’s national clean energy transition goals.
The integration of a Battery Energy Storage System (BESS) alongside solar generation is critical, as it is designed to enhance grid stability, enable efficient peak power management, and improve dispatch reliability in the state.
Management Commentary
Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, stated that securing the 220 MW Solar and BESS project is a key milestone. He emphasized that integrated solar and storage solutions are essential for delivering reliable, dispatchable renewable power as India moves toward its 500 GW non-fossil capacity target.
This new order is noted to further strengthen Ceigall India’s growing order book and represents a strategic expansion into large-scale renewable energy infrastructure, aligning with the Company’s long-term vision for nation-building infrastructure.
About Ceigall India Limited
Ceigall India Limited operates as an infrastructure engineering, procurement, and construction (EPC) company. Its core business involves specialized structural works, including the development of elevated roads, flyovers, bridges, tunnels, highways, and runways. The principal operations are broadly categorized into EPC projects and Hybrid Annuity Model (HAM) projects, contributing to India’s long-term development through diversified infrastructure segments.
Source: BSE
