Deals3 Sept 2026, 01:53 pm
Ceigall India Secures ₹608.67 Cr Annual Order from RECPDCL
AI Summary
Ceigall India Limited (CIL) has received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL) for the "Common Transmission System for evacuation of power from Lakadia, Jam Khambhaliya and Jamnagar". The contract involves a Tariff Based Contract Agreement for a Common Transmission System (765/400 kV AIS Substation with 300 km Transmission Line). The order has a work execution period of 36 months and an operational period of 35 years. The annual transmission charges are estimated at ₹608.67 crores, with a total project cost of approximately ₹5300 crores inclusive of GST. This is a significant domestic order for CIL.
Key Highlights
- Ceigall India receives LoI from RECPDCL for a major transmission system project.
- Contract value: ₹608.67 Cr annually for 35 years, total project cost ~₹5300 Cr.
- Project involves a 765/400 kV AIS Substation and 300 km Transmission Line.
- Execution period is 36 months with a 35-year operational phase.
- Order is from a domestic entity and is a Tariff Based Contract Agreement.
Price Impact
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