Ceigall India rises after $61.3 million solar plant order win

Ceigall India

23/12/2025 05:59

** Shares of Ceigall India CEIG.NS rise as much as 3.6% to 255.59 rupees

** Infrastructure co gets an order worth 5.5 billion rupees ($61.29 million) for setting up 130 MV of grid connected solar power plants

** Emerged as the lowest bidder in bid conducted by Madhya Pradesh Urja Prakash Nigam

** Project will be devloped in two districts in the state and will be executed within 18 months

** YTD, CEIG down ~25%

($1 = 89.7400 Indian rupees)

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))