New Launch13 Feb 2026, 08:32 pm
Ceigall India Ltd Incorporates Wholly Owned Subsidiary 'Ceigall Morena Solar BESS Park Limited'
AI Summary
Ceigall India Ltd has incorporated a Wholly Owned Subsidiary ('WOS') named 'Ceigall Morena Solar BESS Park Limited' on 13th February 2026. The new subsidiary is a Special Purpose Vehicle (SPV) incorporated to undertake the project awarded by Rewa Ultra Mega Solar Ltd. for the development of Unit 1 (with the capacity of 220 MW) at Morena Solar Park, Madhya Pradesh. The subsidiary is wholly owned by Ceigall India Ltd with 100% subscription to the initial paid-up share capital of Rs.1,00,000/-.
Key Highlights
- Ceigall India Ltd incorporates a Wholly Owned Subsidiary, 'Ceigall Morena Solar BESS Park Limited'
- The new subsidiary is a Special Purpose Vehicle (SPV) for the development of Unit 1 (220 MW) at Morena Solar Park, Madhya Pradesh
- The subsidiary is wholly owned by Ceigall India Ltd with 100% subscription to the initial paid-up share capital of Rs.1,00,000/-