Ceigall India Limited, through its wholly owned subsidiary Ceigall Green Energy MP Limited, has completed the execution of 15 power purchase agreements (PPAs) with Madhya Pradesh Power Management Company Limited for a total solar capacity of 130 MW under the Surya Mitra Krishi Feeder Yojana.
Under the agreements, the company will develop, operate, and maintain solar photovoltaic power projects and supply electricity for a period of 25 years at a tariff of ₹2.85 per unit. The initiative is aimed at providing reliable daytime power to the agricultural sector through dedicated solar feeders, while supporting India’s clean energy transition.
The project involves an estimated EPC investment of ₹572 crore (including GST) and is expected to be executed within 12 months, followed by long-term operations.
Commenting on the development, Ramneek Sehgal, Chairman and Managing Director of Ceigall India Limited, stated that the completion of all 15 PPAs marks a key milestone in strengthening the company’s presence in the renewable energy sector and reflects its commitment to delivering sustainable infrastructure.
The Surya Mitra Krishi Feeder Yojana is a major government initiative designed to enhance power reliability for the agricultural sector while promoting the adoption of solar energy.
With this development, Ceigall India continues to expand its portfolio beyond traditional infrastructure projects, reinforcing its position as an integrated developer with growing capabilities in renewable energy.
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