NSEGeneral Updates4h ago · 22 Sept 2026, 12:27 pm

General Updates

Ceigall India Limited · CEIGALL

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Ceigall India's wholly owned subsidiary, Ceigall Green Energy MH2 Limited, has successfully commissioned another 5 MW solar power plant at Ranjangaon Deshmukh, Maharashtra, taking the operational capacity to 10 MW. This milestone marks a significant achievement in the company's expansion into the renewable energy sector.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Ceigall India Limited has informed the Exchange about Update on Ceigall Green Energy MH2 Project.

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ceigall_22092026122650_Intimation.pdf

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Date: 22-09-2026 To, To, The General Manager, Manager-Listing Compliance, Department of Corporate Services, National Stock Exchange of India Limited, BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street, Mumbai- 400001 Bandra East, Mumbai – 400051 Scrip Code: 544223 Symbol: CEIGALL ISIN: INE0AG901020 ISIN: INE0AG901020 Subject: Press Release/Update on Project Dear Sir / Madam, In continuation of our letter dated August 31, 2026, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you about the commissioning of another 5 MW operational capacity, aggregating to 10 MW, of the project undertaken by Ceigall Green Energy MH2 Limited, a Wholly Owned Subsidiary (“WoS”) of the Company. The aforesaid capacity 10 MW forms part of the aggregate 147 MW Solar Power Project being developed and executed by the said WoS under MSKVY 2.0. The Press Release in this regard titled “Ceigall India’s Maharashtra Solar Project Reaches 10 MW capacity with Commissioning of Another 5 MW”. The above intimation is also available on the Company's website at www.ceigall.com You are requested to take the above information on your record. Thanking you, For Ceigall India Limited Megha Kainth (Company Secretary) Membership no: F7639 PRESS RELEASE “Ceigall India’s Maharashtra Solar Project Reaches 10 MW capacity with Commissioning of Another 5 MW” ● Commissioning achieved by Ceigall Green Energy MH2 Limited, a wholly owned subsidiary of Ceigall India, at Ranjangaon Deshmukh, Maharashtra ● Latest 5 MW addition takes the SPV's operational capacity to 10 MW, ahead of the project's scheduled commissioning timeline ● The Said Capacity forms part of 147 MW solar power project being developed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0) National, 22nd September 2026: Ceigall India Limited (CIL), one of India's leading infrastructure development companies, announced that its wholly owned subsidiary (WOS), Ceigall Green Energy MH2 Limited, has successfully commissioned another 5 MW solar power plant at Ranjangaon Deshmukh, Taluka Kopargaon, District Ahilyanagar, Maharashtra. With this commissioning, the WOS’s operational solar capacity at the site now stands at 10 MW, following the earlier commissioning of the first 5 MW unit, which was completed well ahead of its scheduled timeline and made the project eligible for the early-commissioning incentive under MSKVY 2.0. The commissioned capacity is connected to the 33/11 kV Ranjangaon substation of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), with the power being sold to MSEDCL. This 10 MW capacity forms part of the aggregate 147 MW solar power project being developed and executed by Ceigall Green Energy MH2 Limited under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a Government of Maharashtra scheme aimed at strengthening decentralised, daytime solar power supply to agricultural feeders across the state. Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said, “The successful commissioning of another 5 MW of capacity, well ahead of schedule, reflects the strong execution discipline that Ceigall India brings to every project it undertakes. As we continue to scale up our presence in the renewable energy space, this milestone reinforces our commitment to supporting Maharashtra's clean energy goals while building a diversified and future-ready infrastructure portfolio.” The commissioning of this project marks a significant milestone in Ceigall India's expansion into the renewable energy sector and further strengthens the Company's growing presence in solar power generation. Ceigall India remains focused on scaling up its renewable energy portfolio, including utility-scale solar and Battery Energy Storage System (BESS) projects, as part of its broader infrastructure growth strategy. About Ceigall India Limited – (BSE: 544223 | NSE: CEIGALL) Ceigall India Limited is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The Company executes projects under EPC and Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India. Building on its proven execution capabilities, the Company is also expanding its presence in the renewable energy sector through utility-scale solar and Battery Energy Storage System (BESS) projects, further diversifying its infrastructure portfolio. With a growing order book and diversified project portfolio, Ceigall India continues to play a key role in India’s infrastructure development journey. *********