Ceigall India Ltd selected for 50 MW BESS project

Ceigall India Limited ("CIL") has received an email dated May 13, 2026, intimating that the Company has been selected for setting up of 50 MW Standalone Battery Energy Storage Systems (BESS) in Punjab under Tariff-Based Global Competitive Bidding through E-Reverse Auction from Punjab State Power Corporation Limited ("PSPCL") under RFS No. 61/PSPCL/1000 MWh/ELEC/ED-1861/(BESS-3).

The Tariff Amount is Rs. 2.99/KWh and Project cost is about Rs. 125 Cr.

Shares of Ceigall India Limited was last trading in BSE at Rs. 348.45 as compared to the previous close of Rs. 351.15. The total number of shares traded during the day was 19708 in over 677 trades.

The stock hit an intraday high of Rs. 359.50 and intraday low of 346.00. The net turnover during the day was Rs. 7009617.00.

Source : Equity Bulls

Keywords

INE0AG901020 CeigallIndia CivilConstruction 50MW BESSProject Punjab