Ceigall India Limited has submitted a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the commissioning of additional solar power capacity by its wholly owned subsidiary.
Project Update
Ceigall Green Energy MH2 Limited, a Wholly Owned Subsidiary of Ceigall India Limited, has commissioned an additional 5 MW operational capacity of its solar power project. This brings the total operational capacity to 10 MW at the project site in Ranjangaon Deshmukh, Taluka Kopargaon, District Ahilyanagar, Maharashtra.
Project Details
The commissioned 10 MW capacity forms part of a larger aggregate 147 MW Solar Power Project being developed and executed by Ceigall Green Energy MH2 Limited under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a Government of Maharashtra scheme.
Technical Specifications
The commissioned capacity is connected to the 33/11 kV Ranjangaon substation of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), with the power being sold to MSEDCL.
Timeline Achievement
The commissioning was achieved ahead of the project's scheduled timeline, making the project eligible for the early-commissioning incentive under MSKVY 2.0.
Management Commentary
Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, commented that the successful commissioning reflects the strong execution discipline of the company and reinforces their commitment to supporting Maharashtra's clean energy goals while building a diversified infrastructure portfolio.
Strategic Context
The commissioning marks a significant milestone in Ceigall India's expansion into the renewable energy sector and strengthens the company's growing presence in solar power generation. The company remains focused on scaling up its renewable energy portfolio, including utility-scale solar and Battery Energy Storage System (BESS) projects.
Company Background
Ceigall India Limited is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company executes projects under EPC and Hybrid Annuity Model (HAM) formats.
Disclosure Information
The disclosure was made through a letter addressed to both BSE Limited and National Stock Exchange of India Limited, signed by Megha Kainth, Company Secretary of Ceigall India Limited.