Ceigall India bags Rs 550 cr project under PM-KUSUM in Madhya Pradesh

New Delhi, Dec 23 (PTI) EPC player Ceigall India on Tuesday announced securing a Rs 550-crore solar project under the PM-KUSUM Yojana in Madhya Pradesh.

The order has been placed by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for setting up solar PV-based power generating stations with an aggregate capacity of 130 MW (AC) under the C component of the scheme.

The project involves the design, engineering, procurement, construction, testing, commissioning, and operation of grid-connected solar power plants across two districts in Madhya Pradesh. The contract is valued at an approximate EPC cost of Rs 550 crore (including GST).

The scope of work includes 18 months of execution, followed by a 25-year operational period, supported by a long-term power purchase agreement (PPA) from the scheduled commercial operation date.

Ceigall India Chairman & Managing Director Ramneek Sehgal said that receiving the Letter of Award from MPUVNL is a significant milestone for the company. Ceigall looks to aid Madhya Pradesh in achieving its renewable energy goals with this win.

Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aims to add 34,800 MW solar capacity by March 2026. PTI ABI ABI MR