Ceigall India forays into renewable energy with solar power projects

Ceigall India Limited has secured two Letters of Intent (LOIs) from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL) for the procurement of solar power.

Ceigall India Limited has announced its foray into the renewable energy space, securing two Letters of Intent (LOIs) from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL) for the procurement of solar power. The project, sanctioned under the flagship initiative Mukhyamantri Saur Krushi Vahini Yojana 2.0, will entail the setting up of grid-connected solar power projects at multiple locations across Maharashtra, through the procurement of 337 MW of solar power against a tariff-based competitive bid invited by MSEDCL.

Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, said, “Securing Letters of Intent for solar power procurement in Maharashtra marks Ceigall’s foray into the renewable energy sector, a space that will define the future of infrastructure and sustainable development in the country. This milestone reflects our commitment to building world-class solar projects that advance India’s clean energy goals while empowering communities with reliable green power. This milestone is just the beginning; we envision Ceigall playing a leading role in India’s energy transition and creating long-term value for all stakeholders.”

The foray into renewables underscores Ceigall India’s strategic diversification into high-growth sectors, strengthening its portfolio. By entering the green energy domain, the company is well-positioned to capture emerging opportunities, enhance long-term value creation, and reinforce its commitment to driving sustainable infrastructure growth in line with India’s energy transition goals.