New Delhi : Ceigall India Limited has marked another significant milestone in its diversification into clean energy infrastructure with the execution of a Power Purchase Agreement (PPA) through its wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited, with Rewa Ultra Mega Solar Limited for 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), combines solar power generation with Battery Energy Storage Systems (BESS), reinforcing India’s transition towards a more resilient and sustainable energy ecosystem. The project carries an 18-month construction timeline followed by a 25-year operational period, with a discovered tariff of ₹2.70 per kWh.
The project represents another strategic step in Ceigall India’s expanding infrastructure portfolio, complementing its strong presence in transportation and civil infrastructure while strengthening its footprint in the country’s rapidly growing renewable energy sector.
Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said:
“Infrastructure continues to be one of the strongest pillars of India’s journey towards becoming a Viksit Bharat. As the country accelerates investments across transportation, energy and urban development, we remain committed to building world-class assets that create long-term value for the nation. This project reflects our growing capabilities beyond conventional infrastructure and strengthens our presence in the clean energy ecosystem. We are confident that our diversified expertise, supported by a strong leadership team, will enable us to contribute meaningfully to India’s sustainable growth story while creating lasting value for all stakeholders.”
As Ceigall India continues to expand across high-growth infrastructure segments, the company has also strengthened its governance framework with the appointment of two experienced professionals to its Board of Directors, further enhancing strategic oversight as it enters its next phase of growth.
With a proven track record of executing large-scale infrastructure projects across India, Ceigall India remains focused on delivering projects that support economic development, energy security and sustainable nation-building.
