Ceigall India Ltd selected for 100 MW BESS project

Ceigall India Limited ("CIL") has received an email dated May 12, 2026, intimating that the Company has been selected for setting up of 100 MW Standalone Battery Energy Storage Systems (BESS) in Punjab under Tariff-Based Global Competitive Bidding through E-Reverse Auction from Punjab State Power Corporation Limited ("PSPCL") under RFS No. 59/PSPCL/1000MWh/ELEC/BIO-43/(BESS-II).

The Tariff Amount is Rs. 3,44,000/MW/Month and Project cost is about Rs. 250 Cr.

Shares of Ceigall India Limited was last trading in BSE at Rs. 348.45 as compared to the previous close of Rs. 351.15. The total number of shares traded during the day was 19708 in over 677 trades.

The stock hit an intraday high of Rs. 359.50 and intraday low of 346.00. The net turnover during the day was Rs. 7009617.00.

Source : Equity Bulls

Keywords

INE0AG901020 CeigallIndia CivilConstruction 100MW BESSProject Punjab