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Covesting Technologies Pvt Ltd

26th Aug · SEBI Registration INH000015835

Ceigall India Gains After ₹609 Crore Power-Transmission!!

Ceigall India Gains After ₹609 Crore Power-Transmission Order 🚧⚡ Ceigall India is another stock attracting attention after securing a fresh ₹609 crore order from REC Power Development and Consultancy Limited (RECPDCL). The announcement pushed the shares higher, with the stock rising around 4.5% during Wednesday's session. The order is significant because it expands Ceigall India's exposure beyond its traditional road and highway-construction activities and into the broader power-infrastructure space. India's electricity demand is increasing as industrial activity, urbanisation, data centres, electric mobility and digital infrastructure expand. At the same time, the country is adding renewable-energy capacity, creating a need for stronger transmission and distribution networks. Power-transmission infrastructure is therefore becoming an increasingly important investment theme. Renewable-energy projects are often located far from major consumption centres, requiring new transmission lines and associated infrastructure to transport electricity efficiently.

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