Ceigall Executes 15 PPAs With MPPMCL for 130 MW Solar Capacity

Ceigall Green Energy MP, a wholly owned subsidiary of Ceigall India (CIL), has completed the execution of 15 Power Purchase Agreements (PPAs) with Madhya Pradesh Power Management Company (MPPMCL) for the total awarded solar capacity of 130 MW under the Surya Mitra Krishi Feeder Yojana.

As per the agreement, Ceigall Green Energy MP will implement, operate, maintain, and supply power from solar photovoltaic generating stations for a period of 25 years at a quoted tariff of Rs 2.85 per unit. The Surya Mitra Krishi Feeder Yojana is a key government initiative aimed at providing reliable daytime power to the agricultural sector through dedicated solar feeders, while advancing India’s clean energy goals. The project carries an estimated EPC cost of ₹572 crore (including GST) and includes a 12-month execution period, followed by a 25-year operational term.

Commenting on this milestone, Ramneek Sehgal, Chairman & Managing Director, Ceigall India, said: “Completing the execution of all 15 PPAs marks a significant step in strengthening Ceigall’s presence in India’s renewable energy sector. The Surya Mitra Krishi Feeder Yojana is a major initiative supporting clean and reliable energy, and we are pleased to contribute to its implementation. This achievement reflects our commitment to developing sustainable, high-quality solar assets that support India’s long-term energy transition.”

With a healthy mix of HAM, EPC, and now renewable energy projects, Ceigall continues to strengthen its position as an integrated infrastructure developer. The company’s strategic foray 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 remains well-positioned to contribute meaningfully to the country’s development journey through its diversified portfolio and strong execution track record.