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Ceigall India wins ₹1,700 crore solar project contract

pre-market1 source ↓written by the desknot a recommendation

contract from Rewa
₹1,700 crore
Unit 1
220 MW
a tariff
₹2.70/kWh
construction timeline
24 months

Ceigall India Limited has secured a ₹1,700 crore contract from Rewa Ultra Mega Solar Limited for the development of 220 MW Unit 1 at Morena Solar Park, Madhya Pradesh. The project, which includes Solar and Battery Energy Storage Systems, is based on a tariff of ₹2.70/kWh and has a construction timeline of 24 months.

This significant award underscores the growing momentum in the renewable energy sector, potentially enhancing Ceigall's market position and investor sentiment.

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 10 Feb 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CEIGALL closed +3.2% on the day of the news, from ₹286.30 to ₹295.45; Nifty +0.3% over the same session.

Bulletin at 07:06 IST on 10 Feb 2026. Every change is measured from ₹286.30, the last close before it, on 9 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 it245.30286.30327.30axis spans 33%before the news · 9 Feb286.30Nifty 50CEIGALLbulletinD0+1+3+53 Feb13 Feb24 FebReference close ₹286.30. 16 sessions from 3 Feb to 24 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 %
Before9 Feb₹286.30basebase
On the day10 Feb₹295.45▲ +3.2%▲ +0.3%+2.9 pp difference
+1 session11 Feb₹296.55▲ +3.6%▲ +0.3%+3.3 pp difference
+3 sessions13 Feb₹289.65▲ +1.2%▼ −1.5%+2.7 pp difference
+5 sessions17 Feb₹291.35▲ +1.8%▼ −0.6%+2.3 pp difference
Gap at the open, % · ₹
▲ +4.1%+11.71 on 10 Feb
Day's range, % · ₹
5.2%≈ 15 high to low
Volume on the day
4.96×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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