New Delhi, April 2 Ceigall India announced on Thursday that its subsidiary, Ceigall Green Energy MP Ltd, has signed 15 power purchase agreements with Madhya Pradesh Power Management Company to supply electricity from a 130-MW solar capacity under the Surya Mitra Krishi Feeder Yojana.
According to the agreements, Ceigall Green Energy MP Ltd will implement, operate, and maintain, and supply power from its solar photovoltaic generating stations for 25 years at a rate of ₹2.85 per unit, the company statement said.
The Surya Mitra Krishi Feeder Yojana aims to provide reliable daytime power to the agricultural sector through dedicated solar feeders, while also advancing India's clean energy goals.
The project has an estimated EPC (engineering, procurement, and construction) cost of ₹572 crore (including GST) and includes a 12-month execution period, followed by a 25-year operational term.
Ramneek Sehgal, Chairman & Managing Director, Ceigall India, said in the statement, "This achievement reflects our commitment to developing sustainable, high-quality solar assets that support India's long-term energy transition."
The company's strategic entry into solar energy aligns with India's broader push towards sustainable infrastructure and energy security, while complementing its core expertise in large-scale project execution.
Ceigall India is an EPC company involved in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways.
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