New Launch6 Jan 2026, 09:10 pm
Ceigall India Ltd Subsidiary Ceigall Green Energy MP Limited Incorporated for Renewable Energy Projects
AI Summary
Ceigall India Ltd has incorporated a new wholly owned subsidiary, Ceigall Green Energy MP Limited, on 5th January 2026, under the provisions of the Companies Act, 2013. The new subsidiary is a Special Purpose Vehicle (SPV) formed to implement a project awarded by Madhya Pradesh Urja Vikas Nigam Ltd. (MPUVNL) for Solar PV based Power Plants (SPP) with an aggregate capacity of 130 MW (AC) under the Surya Mitra Krishi Feeders Scheme — PM KUSUM-C. The project involves setting up grid-connected solar power projects at 2 districts in the state of Madhya Pradesh.
Key Highlights
- Ceigall India Ltd incorporates a new wholly owned subsidiary, Ceigall Green Energy MP Limited.
- New subsidiary is a Special Purpose Vehicle (SPV) for renewable energy projects in Madhya Pradesh.
- Project awarded by Madhya Pradesh Urja Vikas Nigam Ltd. (MPUVNL) for Solar PV based Power Plants (SPP) with 130 MW (AC) capacity.
- Grid-connected solar power projects to be set up in 2 districts of Madhya Pradesh.
- Incorporated under the Companies Act, 2013 on 5th January 2026.