Ceigall India Ltd emerges L1 in auction of solar project

Ceigall India Limited 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.

Shares of Ceigall India Limited was last trading in BSE at Rs. 276.35 as compared to the previous close of Rs. 276.55. The total number of shares traded during the day was 6136 in over 339 trades.

The stock hit an intraday high of Rs. 279.75 and intraday low of 275.00. The net turnover during the day was Rs. 1699855.00.

Source : Equity Bulls

Keywords

INE0AG901020 CeigallIndia CivilConstruction L1 BESS MorenaSolarPark