L-1 position for a 220 MW solar project - Ceigall India Ltd

Code BSE: 544223 NSE:

Ceigall India Ltd has emerged as the Lowest (L-1) Bidder in auction “Establishment of Grid-Connected Ground-Mounted Solar Photovoltaic (PV) Project with Battery Energy Storage Systems (BESS) at Morena Solar Park, Madhya Pradesh,” through a tariff-based competitive bidding. The Company has quoted a tariff of ₹2.70/kWh in the electronic (online) reverse auction held on 19.09.2025. At the said quoted tariff, the Company has been announced lowest bidder with a capacity of 220 MW out of the total 440 MW project capacity Invited by Rewa Ultra Mega Solar Limited.