Ceigall Green Energy MP Limited, a wholly-owned subsidiary of Ceigall India Limited, has executed 15 power purchase agreements (PPAs) with Madhya Pradesh Power Management Company Limited (MPPMCL). These agreements cover a total awarded solar capacity of 130 MW under the Surya Mitra Krishi Feeder Yojana.
Under the agreement, Ceigall Green Energy MP Limited will develop, operate, and maintain solar photovoltaic generating stations, and supply power for 25 years at a tariff of Rs 2.85 per unit. The project has an estimated engineering, procurement, and construction cost of Rs 5.72 billion, with an execution timeline of 12 months. This is followed by a 25-year operational period.
Earlier in February 2026, Ceigall India secured a Rs 17 billion contract for the development of a 220 MW solar power project at the Morena Solar Park in Madhya Pradesh.
