Ceigall India Subsidiary Signs ₹1,700 Cr PPA for 220 MW Solar Project

Ceigall Morena Solar BESS Park Limited, a wholly-owned subsidiary of Ceigall India Limited, has executed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited. The agreement is for a 220 MW solar and Battery Energy Storage Systems (BESS) project located in Morena, Madhya Pradesh. The PPA has a tariff of Rs. 2.70/kWh, with an approximate project value of Rs. 1,700 Crores (including GST). The project has an 18-month construction period and a 25-year operational period. This marks a significant development for the company's renewable energy portfolio.