Subsidiary commissions first 5 MW solar plant ahead of schedule under MSKVY 2.0
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Wholly owned subsidiary Ceigall Green Energy MH2 Limited has commissioned its first 5 MW solar power plant at Ranjangaon Deshmukh, Kopargaon, Ahilyanagar, Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme. The plant was commissioned ahead of the scheduled date, making it eligible for applicable incentives. This 5 MW is part of an aggregate 147 MW solar project being developed by the SPV under MSKVY 2.0. The company calls it a significant milestone in its expansion into renewable energy and solar power generation.
Marks Ceigall's entry into solar power generation, with early commissioning unlocking incentives and supporting future revenue from the broader 147 MW pipeline.