Ceigall India Ltd today announced that its arm Ceigall Green Energy MP Ltd has executed 15 power purchase agreements (PPAs) with Madhya Pradesh Power Management Co. Ltd (MPPMCL) for a total awarded solar capacity of 130 MW under the Surya Mitra Krishi Feeder Yojana.
As per the agreement, Ceigall Green Energy MP Limited will implement, operate, maintain, and supply power from solar PV generating stations for a period of 25 years at a quoted tariff of INR 2.85 per kWh.
The project carries an estimated EPC cost of INR 572 crore (including GST). The project completion period is 12 months.
The Surya Mitra Krishi Feeder Yojana is a government initiative aimed at providing reliable daytime power to the agricultural sector through dedicated solar feeders, while advancing India’s clean energy goals.
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