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Ceigall India wins ₹1,700 cr solar contract in Madhya Pradesh

pre-market1 source ↓written by the desknot a recommendation

order from Rewa
₹1,700 cr
solar power project
220 MW
awarded
9 Feb 2023
at a tariff
24 months
a tariff
₹2.70 per KWh

Ceigall India Limited has secured a ₹1,700 cr order from Rewa Ultra Mega Solar Ltd for a 220 MW solar power project with Battery Energy Storage System at Morena Solar Park, Madhya Pradesh. The project, awarded on 9 Feb 2023, will be developed over 24 months at a tariff of ₹2.70 per KWh.

This contract enhances the region's renewable energy capacity and reflects ongoing solar development efforts in Madhya Pradesh.

• Operational period: 25 years

• Competitive bidding framework utilized

Traders may see increased interest in renewable energy stocks following this significant order.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Feb 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CEIGALL closed +0.4% on the day of the news, from ₹295.45 to ₹296.55; Nifty +0.1% over the same session.

Bulletin at 07:04 IST on 11 Feb 2026. Every change is measured from ₹295.45, the last close before it, on 10 Feb. Nifty 50 is measured over the same sessions.

  • CEIGALL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
CEIGALL closes around the bulletin against the close before the news, with Nifty 50 rebased to it253.14295.45337.76axis spans 33%before the news · 10 Feb295.45Nifty 50CEIGALLbulletinD0+1+3+54 Feb16 Feb25 FebReference close ₹295.45. 16 sessions from 4 Feb to 25 Feb; the price axis spans 33 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Feb₹295.45basebase
On the day11 Feb₹296.55▲ +0.4%▲ +0.1%+0.3 pp difference
+1 session12 Feb₹299.30▲ +1.3%▼ −0.5%+1.8 pp difference
+3 sessions16 Feb₹292.60▼ −1.0%▼ −1.0%0.0 pp difference
+5 sessions18 Feb₹291.10▼ −1.5%▼ −0.5%−1.0 pp difference
Gap at the open, % · ₹
▲ +1.2%+3.55 on 11 Feb
Day's range, % · ₹
2.7%≈ 8.0 high to low
Volume on the day
0.63×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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