NSEBagging/Receiving of orders/contracts2d ago · 3 Sept 2026, 01:54 pm
Bagging/Receiving of orders/contracts
Ceigall India Limited · CEIGALL
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Ceigall India Limited has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited for a Common Transmission System project worth Rs. 608.67 crores annually for 35 years.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Ceigall India Limited has informed the Exchange about Receiving of Letter of Intent (LOI) from RECPDCL.
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ceigall_03092026135403_LOI_Intimation_Lakadiya.pdf
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Date: 03.09.2026
To, To,
The General Manager, Manager-Listing Compliance,
Department of Corporate National Stock Exchange of India
Services, BSE Limited Limited, Exchange Plaza, C-1, Block
Phiroze Jeejeebhoy Towers G, Bandra Kurla Complex, Bandra
Dalal Street, Mumbai- East, Mumbai – 400 051
400 001 Symbol: CEIGALL
Scrip Code:544223 ISIN: INE0AG901020
ISIN: INE0AG901020
Subject: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Dear Sir/Madam,
In continuation to our earlier letters dated 26th August 2026, we wish to inform you that Ceigall India
Limited (‘CIL’) has received Letter of Intent (LoI) from REC Power Development and Consultancy
Limited (RECPDCL) via email dated 03rd September 2026.
The details required under regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular
No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are as under:
Sl. Particulars Remarks
1. Name of the entity awarding the REC Power Development and Consultancy
order(s)/contract(s); Limited.
2. Significant terms and conditions of • Tarrif Based Contract Agreement
order(s)/contract(s) awarded in brief; • Common Transmission System
(765/400 kV AIS Substation with 300
km Transmission Line)
3. Whether order(s) / contract(s) have been Domestic
awarded by domestic/ international entity;
4. Nature of order(s) / contract(s); Letter of Intent (LOI) for “Common
Transmission System for evacuation of
power from Lakadia (PhaseII: 7.5GW), Jam
Khambhaliya (Phase-II: 5.5GW) and
Jamnagar (Phase-I: 1GW) - Part-B” issued
by REC Power Development and
Consultancy Limited.
5. Whether domestic or international. Domestic
6. Time period by which the • 36 Month of Work Execution
order(s)/contract(s) is to be executed. • 35 Years of Operational Period
(Scheduled Commissioning Date)
7 Broad consideration or size of the Rs. 608.67 crores Annually for 35 years
order(s)/contract(s); (Annual Transmission charges)
Total Project Cost Rs. 5300 crores approx.
(inclusive of GST)
8. Whether the promoter/ promoter group / No
group companies have any interest in the
entity that awarded the order(s)/contract(s)?
If yes, nature of interest and details thereof.
9. Whether the order(s)/contract(s) would fall No
within related party transactions? If yes,
whether the same is done at “arm’s length”.
The same is also available on the website of the company at www.ceigall.com
You are requested to take the above information on your record.
Thanking you,
Yours faithfully,
For CEIGALL INDIA LIMITED
MEGHA KAINTH
Company Secretary
Membership No: F7639