Ceigall Signs 220-MW Solar PPA With BESS in MP
- Ceigall India bags a 220-MW solar+storage PPA in Madhya Pradesh—18-month build, 25-year run—at INR 2.70/kWh, worth ~INR 17B, powering SECI–MPUVN joint venture.
Ceigall India Limited said it has signed a power purchase agreement for a 220-MW solar project with co-located battery energy storage in Madhya Pradesh. The contract was awarded to Ceigall by Rewa Ultra Mega Solar Ltd on a tariff basis of INR 2.70 per kWh. Under the deal, Ceigall will build the plant and supply electricity to the joint venture of the Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVN). The project’s estimated value is about INR 17 billion.
The Morena Solar Park will combine photovoltaic generation with a battery energy storage system. It is expected to be installed in roughly 18 months and operate for 25 years. Ceigall said the project will broaden its renewables footprint, adding to its existing utility-scale solar and BESS assets. In April, it secured 15 PPAs totaling 130 MW with Madhya Pradesh Power Management Company Limited.
Ceigall’s 220-MW solar-plus-BESS PPA details in Madhya Pradesh at INR 2.70/kWh
- Developer/contractor: Ceigall India Limited
- Project size: 220 MW solar with co-located battery energy storage system (BESS)
- Location: Madhya Pradesh, at the Morena Solar Park
- Offtaker/beneficiary: Power is supplied to the joint venture of Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVN)
- Contract type: Power purchase agreement (PPA) awarded to Ceigall by Rewa Ultra Mega Solar Ltd
- Tariff: INR 2.70 per kWh (as per the PPA tariff basis)
- Estimated project value: about INR 17 billion
- Scope of work: Ceigall will build the plant and manage electricity supply under the PPA
- Technology configuration: photovoltaic (PV) generation paired with battery-based energy storage to enable grid support alongside solar output
- Expected commissioning timeline: roughly 18 months from award/contract execution (per company statements)
- Operational term: 25 years
- Strategic significance for Ceigall: expands its utility-scale renewables portfolio, adding another solar-plus-storage asset to its existing generation footprint
- Pricing/financing relevance: a single all-in tariff of INR 2.70/kWh is set under the PPA framework, providing long-term revenue certainty over the contract period
- Larger regional context: Morena Solar Park adds storage-enabled solar capacity within Madhya Pradesh’s utility-scale solar development pipeline