Ceigall India Limited has signed a Power Purchase Agreement (PPA) through its wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited, with Rewa Ultra Mega Solar Limited for the development of a 220 MW Solar and Battery Energy Storage System (BESS) project at Morena Solar Park in Madhya Pradesh.
The tariff-based project, valued at approximately ₹1,700 crore (including GST), integrates utility-scale solar power generation with battery energy storage, supporting grid reliability and India’s growing renewable energy capacity. The project was awarded at a discovered tariff of ₹2.70 per kWh.
According to the agreement, the project will be completed within an 18-month construction period, followed by a 25-year operational phase.
The development marks a further expansion of Ceigall India’s infrastructure portfolio beyond its established transportation and civil engineering businesses, strengthening the company’s presence in the renewable energy sector.
Commenting on the development, Ramneek Sehgal, Chairman and Managing Director of Ceigall India Limited, said the project reflects the company’s strategy to diversify into clean energy infrastructure while contributing to India’s long-term economic development, energy security, and sustainability goals.
In addition to expanding its clean energy business, Ceigall India announced that it has strengthened its corporate governance framework through the appointment of two experienced professionals to its Board of Directors, aimed at supporting the company’s next phase of growth.
The company said it remains focused on delivering large-scale infrastructure projects that support India’s transition to a more resilient and sustainable energy ecosystem while creating long-term value for stakeholders.
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