StockWatch
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Civil Construction
Deals3 Sept 2026, 04:04 pm

Ceigall India Wins ₹5,300 Cr Transmission Project LOI in Gujarat

AI Summary

Ceigall India Limited has received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL) for a major common transmission system project in Gujarat. The project, valued at approximately ₹5,300 crore, involves developing a 765/400 kV Air Insulated Substation (AIS) and approximately 300 km of transmission lines. The project has a 36-month execution period and a 35-year operational period, during which Ceigall India will receive annual transmission charges of ₹608.67 crore. This award strengthens Ceigall India's presence in the transmission infrastructure segment and supports the evacuation of power from renewable energy zones in Gujarat.

Key Highlights

  • Received LoI for ₹5,300 Cr transmission project in Gujarat.
  • Project includes 765/400 kV AIS and 300 km transmission lines.
  • 36-month execution and 35-year operational period.
  • Annual transmission charges of ₹608.67 crore expected.