Ceigall India Secures ₹550 Crore Solar Projects from MPUVNL
Ceigall India Limited has received multiple Letters of Award (LOA) from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for Solar PV based Power Plants (SPP). The aggregate capacity of these projects...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Ceigall India Limited in the news today?
Ceigall India Limited (CEIGALL) is in the news due to the company has secured significant new orders, indicating business growth and positive future prospects.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Ceigall India Secures ₹550 Crore Solar Projects from MPUVNL
December 23, 2025, 07:13 AM
Top Queries to Ask About Ceigall India Limited
Ceigall India Limited has received multiple Letters of Award (LOA) from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for Solar PV based Power Plants (SPP). The aggregate capacity of these projects is 130 MW (AC) under the Surya Mitra Krishi Feeders Scheme – PM KUSUM-C. These grid-connected solar power projects will be set up in two districts within Madhya Pradesh.
The significant terms include a Tariff-based Power Purchase Agreement (PPA) for 25 years from the Schedule Commercial Operation Date. The EPC cost for these projects is approximately ₹550.00 Crore, including GST. The execution of the work is expected within 18 months, followed by an operational period of 25 years. The company has confirmed that the awarding entity is a domestic entity and that there are no promoter or group company interests in MPUVNL, nor do the contracts fall under related party transactions.
This intimation follows up on an earlier letter dated December 22, 2025, and the details are also available on the company's website.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap