Ceigall India Limited — Important, 18-07-2025: General Updates

CEIGALL India has emerged as the L1 bidder for the Establishment of 400/220 kV Velgaon Substation (GIS) project. This is a significant win through a tariff-based competitive bidding process. The project involves an annual tariff of Rs. 58.50 Cr. The completion period is 24 months, followed by a long-term Operation & Maintenance period of 35 years. This new order signals strong business development in the power transmission sector, potentially boosting future revenue streams.