Deals24 Nov 2025, 05:11 pm
Ceigall India Ltd Secures 400/220 kV Velgaon Substation Project from REC Power Development and Consultancy Limited
AI Summary
Ceigall India Ltd has announced the receipt of a Letter of Intent from REC Power Development and Consultancy Limited for the establishment of a 400/220 kV Velgaon Substation through a Tariff Based Competitive Bidding (TBCB) process. The project is expected to be completed within 24 months from the effective date, with an operation and maintenance period of 35 years. The annual transmission charges for the project are Rs. 585.00 Million. Ceigall India Ltd's corporate office is located in Gurugram, Haryana, and their registered office is in Ludhiana, Punjab.
Key Highlights
- Ceigall India Ltd has been awarded a project by REC Power Development and Consultancy Limited for the establishment of a 400/220 kV Velgaon Substation through a Tariff Based Competitive Bidding process.
- The project is expected to be completed within 24 months from the effective date, with an operation and maintenance period of 35 years.
- The annual transmission charges for the project are Rs. 585.00 Million.
- Ceigall India Ltd's corporate office is located in Gurugram, Haryana, and their registered office is in Ludhiana, Punjab.
- The project details are available on the company's website: www.ceigall.com.