Ceigall India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
CEIGALL · price
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Ceigall India has received two work orders dated 23 March 2026 from Purvah Green Power Private Limited, to be executed in Andhra Pradesh. The first order, worth Rs. 119.96 crore (inclusive of GST), covers supply, transportation, erection and civil work on a turnkey basis for a 220 kV transmission line including Right of Way and statutory approvals. The second order, worth Rs. 177.93 crore (inclusive of GST), involves construction of balance of plant works for a 300.3 MW hybrid wind power project in Ralla, A.P, comprising 91 wind turbine generators. Both orders are domestic EPC contracts with a 10-month construction period, and the promoter group has no interest in the awarding entity. Combined, the orders aggregate to approximately Rs. 298 crores, strengthening Ceigall's order book in the power transmission and renewable energy EPC segments.
This is a positive development for shareholders, as the Rs. 298 crore order win meaningfully adds to Ceigall's revenue visibility in the EPC and renewable energy infrastructure space. The diversification across transmission and wind power projects reduces concentration risk, and execution within 10 months should support near-term revenue growth.