Ceigall India Forays into Renewable Energy Sector, Secures LoIs for 337 MW Solar Projects from MSEDCL
Ceigall India has entered the renewable energy sector with two LOIs from Maharashtra State Electricity Distribution Company (MSEDCL) to develop 337 MW of solar power projects under Maharashtra’s Mukhyamantri Saur Krushi Vahini Yojana 2.0.
September 08, 2025. By Mrinmoy Dey
The project, sanctioned under the flagship initiative Mukhyamantri Saur Krushi Vahini Yojana 2.0, will entail the setting up of grid-connected solar power projects at multiple locations across Maharashtra, through the procurement of 337 MW solar power against tariff tariff-based competitive bid invited by MSEDCL.
Commenting on the development, Ramneek Sehgal, Chairman and Managing Director of Ceigall India Ltd., said, “Securing Letters of Intent for solar power procurement in Maharashtra marks Ceigall's foray into the renewable energy sector, a space that will define the future of infrastructure and sustainable development in the country. This milestone reflects our commitment to building world-class solar projects that advance India's clean energy goals while empowering communities with reliable green power. This milestone is just the beginning. We envision Ceigall playing a leading role in India's energy transition and creating long-term value for all stakeholders.”
The foray into renewables underscores Ceigall India's strategic diversification into high-growth sectors, strengthening its portfolio. By entering the green energy domain, the company is well-positioned to capture emerging opportunities, enhance long-term value creation, and reinforce its commitment to driving sustainable infrastructure growth in line with India's energy transition goals, it said.
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