Ceigall India Receives LoI for 400/220 kV GIS Substation Project in Maharashtra from RECPDCL
Ceigall India has secured an LOI from REC Power Development and Consultancy (RECPDCL) to develop a 400/220 kV gas-insulated substation in Velgaon, Maharashtra. The project with an estimated cost of INR 450 crore is expected to be completed within two years.
November 25, 2025. By Mrinmoy Dey
The LOI marks a major milestone in strengthening the company's footprint in the high-voltage power transmission sector, the company said in a statement.
The Velgaon GIS project will be completed over a two-year period, followed by a 35-year operation and maintenance term. The company informed that INR 58.5 crore is the annuity per year for 35 years, against EPC cost of approximately INR 450 crore.
Commenting on the win, Ramneek Sehgal, Chairman and Managing Director, Ceigall India, said, “We are honoured to be entrusted with the Velgaon GIS project by REC Power. This demonstrates Ceigall's engineering strengths and our commitment to delivering large-scale, future-ready infrastructure. As India rapidly upgrades its power transmission backbone, Ceigall remains focused on building assets that enhance grid reliability and meet the highest benchmarks of safety and performance. The Velgaon substation will be a crucial addition to the regional power network, and we look forward to executing it with precision and excellence.”
This LOI adds to Ceigall's strong run of project wins in FY25-26, which include national highway upgrades, bridge construction, mobility corridors, and key urban infrastructure works. The Velgaon project is poised to strengthen the company's growing presence in high-value engineering segments, the company stated.
please contact: contact@energetica-india.net.
Konain Mizba
Venture Scouting Lead
Konain Mizba Explains Theia Ventures’ KPI Framework for Energy Transition Startups
Vipin Kumar Kasana
Channel Sales Manager
Innovation and Expansion Ahead, Says Vipin Kumar Kasana of Sungrow India
Nalin Agarwal
Founding Partner
Entrepreneurs Will Drive India’s Net-Zero Journey, Says Nalin Agarwal of Climate Collective
Dr. Faruk G. Patel
CMD
KP Group Accelerates Green Energy Expansion as Dr. Faruk G. Patel Outlines 2030 Vision
Uday Parmar
Co-Founder
Lilypad is Building India’s Full-Stack EV Backbone, Says Co-founder Uday Parmar