Deals20 Sept 2025, 06:01 pm
Ceigall India Ltd Emerges as Lowest Bidder in 220 MW Solar Project at Morena Solar Park
AI Summary
Ceigall India Ltd has emerged as the Lowest (L-1) Bidder in the auction for 'Establishment of Grid-Connected Ground-Mounted Solar Photovoltaic (PV) Project with Battery Energy Storage Systems (BESS) at Morena Solar Park, Madhya Pradesh'. The company quoted a tariff of ₹2.70/kWh in the electronic (online) reverse auction held on 19.09.2025 and has been announced as the lowest bidder for a capacity of 220 MW out of the total 440 MW project capacity. The project is expected to have a construction period of 24 months and an operational period of 25 years. The approximate project value, including GST, is ₹1,700 Crores.
Key Highlights
- Ceigall India Ltd emerged as the Lowest (L-1) Bidder in the auction for a 220 MW Solar Project at Morena Solar Park.
- The company quoted a tariff of ₹2.70/kWh in the electronic (online) reverse auction.
- The project is expected to have a construction period of 24 months and an operational period of 25 years.
- The approximate project value, including GST, is ₹1,700 Crores.
- The project involves Tariff-Based Solar and Battery Energy Storage Systems (BESS) components.