Key Quantitative Figures and Contract Details
Ceigall Morena Solar BESS Park Limited, a Wholly Owned Subsidiary of Ceigall India Limited, executed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited on June 29, 2026.
- Contract Capacity: 220 MW
- Project Location: Morena Solar Park, Morena, Madhya Pradesh
- Nature of Project: Tariff Based, comprising Solar and Battery Energy Storage Systems (BESS) components.
- Quoted Tariff: ₹2.70 per kWh
- Approximate Project Value: ₹1,700 Crores (including GST)
Execution Timeline
The agreement specifies two key time periods:
- Construction Period: 18 Months
- Operational Period: 25 Years
Regulatory and Corporate Context
This disclosure is a continuation of a prior letter dated February 13, 2026, and is made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The company has confirmed that:
- The contract is Domestic in nature.
- No promoter/promoter group/group companies have any interest in Rewa Ultra Mega Solar Limited, the entity that awarded the contract.
- The contract does not fall within related party transactions.
Company and Officer Details
- Symbol (NSE): CEIGALL
- The disclosure was signed off by Megha Kainth, Company Secretary & Compliance Officer (ICSI Membership No: F7639), on June 30, 2026.
#Tags: #CeigallIndia #PPA #SEBIDisclosure #RegulatoryCompliance #RenewableEnergy #Positive