New Delhi: Ceigall India Limited has secured a major Engineering, Procurement and Construction (EPC) contract to set up a 130MW solar energy project worth ₹550 crore in Madhya Pradesh. The project, under the PM KUSUM-C scheme, is expected to be completed within 18 months, according to a press release by the company. The company will also receive a Power Purchase Agreement (PPA) for 25 years after the scheduled commercial operation date.
The company received the Letter of Award (LOA) by the Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), with the responsibility for the design, engineering, procurement, construction, testing, commissioning and operation of grid-connected solar power plants across two districts in Madhya Pradesh.
“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.” Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said.
This project reinforces Ceigall India’s growing footprint in the renewable energy and solar EPC segment, allowing it to expand its presence in renewable energy. Last month, the company’s wholly owned subsidiary, Ceigall Infra Projects Pvt Ltd, won a ₹1,809 crore road development project in Madhya Pradesh.
