Ceigall India invests ₹109.19 crore in Velgaon Power
after close1 source ↓written by the desknot a recommendation
- investment in Velgaon
- ₹109.19 crore
- in Maharashtra
- 400/220 kV GIS substation project
Ceigall India has approved a ₹109.19 crore investment in Velgaon Power Transmission Ltd to secure project financing. This move supports its transition to a long-term infrastructure asset owner, facilitating the 400/220 kV GIS substation project in Maharashtra.
• Consolidated order book: ~₹18,554.3 crore as of March 2026
• Annual transmission charges: ~₹58.5 crore fixed for 35 years
• FY26 consolidated revenue: ₹4,022.40 crore (+17.04% YoY)
Not investment advice. For informational purposes only.