In accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Ceigall India Limited ('CIL') has received ....
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 13 May 2026, 12:02 PM IST · BSE ID: 76801cba-defc-4ca6-8d17-066a03b1cbc3
View Original BSE Filing (PDF)
💡
In Simple Terms
The company won a domestic contract to build and operate a 50 MW battery energy storage plant for Punjab State Power Corporation Limited.
🤖 AI Summary
- Ceigall India selected by PSPCL for 50 MW Standalone Battery Energy Storage System in Punjab.
- Project includes plant setup, operation, maintenance, and power supply for 12 years.
- Order value is about Rs. 125 Crore with a tariff of Rs. 2.99/KWh.
- Work execution period is 18 months, followed by a 12-year operational period.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Project Cost
Rs. 125 Crore
Tariff Amount
Rs. 2.99/KWh
Work Execution Period
18 Month
Operational Period
12 Years
🏢 How This Affects the Company
This order expands Ceigall India's portfolio into battery energy storage systems, diversifying beyond traditional infrastructure projects. It adds a long-term operational and maintenance component to its business.
The project represents a contract value of approximately Rs. 125 Crore. It includes a 12-year Battery Energy Storage Purchase Agreement, providing a long-term revenue stream from the tariff of Rs. 2.99/KWh.
The company will be required to execute the work within 18 months, followed by managing operations and maintenance for 12 years, demanding new operational capabilities for BESS.
👥 What This Means For Shareholders
✅
Action Required
No action required.
👤
Who Is Affected
All shareholders are affected as this order adds to the company's business pipeline and future revenue potential, with a project cost of about Rs. 125 Crore.
🔍
Management Signal
This indicates management's intent to diversify into energy storage infrastructure and secure long-term operational contracts.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future filings for execution progress updates on the BESS project.
Company's next quarterly results for financial impact of new orders.
Any further order wins in the renewable energy or storage sector.
LOW RISK
The filing reports an order win and does not disclose new or increased risks.
💡 Investor Takeaway
Ceigall India received an order from PSPCL to set up a 50 MW Battery Energy Storage System in Punjab for about Rs. 125 Crore. The contract includes an 18-month execution phase and a 12-year operational period with a tariff of Rs. 2.99/KWh.
⚖️ Strengths & Concerns
✅ Positives
- Secured a new project valued at about Rs. 125 Crore, expanding its order book.
- Includes a 12-year Battery Energy Storage Purchase Agreement, providing long-term revenue visibility.
📅 Company Track Record
Ceigall India has recently secured other domestic orders, including a Rs. 14.12 Lacs de-silting contract in April 2026 and a Rs. 603.00 Crore NHAI spur project under HAM in March 2026, indicating ongoing business activity in infrastructure.
Based on publicly available historical data. For context only.