Ceigall India Limited has taken another step in expanding its presence in India’s renewable energy sector, with its wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited signing a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited for a 220 MW Solar and Battery Energy Storage System (BESS) project at Morena Solar Park in Madhya Pradesh.
According to the company’s regulatory filing, the project is estimated to have an approximate value of ₹1,700 crores, including GST and will combine utility-scale solar power generation with Battery Energy Storage System (BESS) technology. The project has been awarded under a tariff-based competitive bidding process.
The agreement provides for an 18-month construction period, following which the project is expected to remain operational for 25 years. Ceigall India has quoted a tariff of ₹2.70 per kWh for the project.
Key Highlights
- Project Capacity: 220 MW Solar + Battery Energy Storage System (BESS)
- Project Location: Morena Solar Park, Morena, Madhya Pradesh
- Power Purchaser: Rewa Ultra Mega Solar Limited
- Estimated Project Value: Approximately ₹1,700 crores (including GST)
- Quoted Tariff: ₹2.70 per kWh
- Construction Timeline: 18 months
- Operational Period: 25 years
The execution of the Power Purchase Agreement represents a significant milestone for the project, providing long-term revenue visibility through a contractual arrangement for power supply.
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Growing Importance of Solar + BESS Projects
Battery Energy Storage Systems (BESS) are increasingly becoming an integral part of India’s renewable energy infrastructure. By storing excess electricity generated during peak solar production and supplying it when demand rises or sunlight is unavailable, BESS helps improve grid stability and enables greater integration of renewable energy into the power system.
As India continues to expand its renewable energy capacity, integrated Solar + BESS projects are expected to play an increasingly important role in ensuring reliable and dispatchable clean power.
Ceigall India stated that the Power Purchase Agreement was executed on June 29, 2026, between Ceigall Morena Solar BESS Park Limited and Rewa Ultra Mega Solar Limited. The company also confirmed that the transaction does not involve any related-party arrangement and that neither the promoter nor the promoter group has any interest in the entity awarding the contract.
Why This Announcement Matters
The execution of the PPA marks an important development for Ceigall India’s renewable energy business, providing long-term project visibility through a 25-year operational framework. It also reflects the increasing momentum of utility-scale Solar + Battery Energy Storage projects in India as the country accelerates its clean energy transition.
