Ceigall India Limited has signed a power purchase agreement (PPA) through its wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited. The agreement is with Rewa Ultra Mega Solar Limited for a 220 MW solar and battery energy storage system (BESS) project at Morena solar park in Madhya Pradesh.
The project is valued at around Rs 17 billion, with a discovered tariff of Rs 2.70 per kWh. Additionally, the project will have an operational period of 25 years, and is expected to be completed within 18 months.
Earlier, in May 2026, Ceigall India Limited secured an order from Punjab State Power Corporation Limited to set up a 50 MW standalone BESS project in Punjab. The project was awarded under a tariff-based global competitive bidding process.
