Back-to-Back Order Wins: EPC Company Secures Two Orders Worth Rs 298 Crore from Purvah Green Power
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Ceigall India stated that the total value of the two orders aggregates to approximately Rs 298 crore, with both contracts to be completed within a construction period of 10 months
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On Wednesday, March 25, 2026, shares of Ceigall India were trading 3.85 per cent higher at Rs 275. The company disclosed the receipt of two work orders from Purvah Green Power Private Limited, to be executed in the state of Andhra Pradesh.
Ceigall India Receives Two EPC Work Orders Aggregating Rs 298 Crore From Purvah Green Power
Ceigall India has received two work orders dated March 23, 2026, from Purvah Green Power Private Limited, both domestic in nature and to be executed under the Engineering Procurement Construction mode. The total value of the two orders aggregates to approximately Rs 298 crore, inclusive of GST, with both contracts to be completed within a construction period of 10 months. The company has clarified that no promoter or group company holds any interest in the entity awarding the orders and the contracts do not fall within related party transactions.
Two Orders Details
The first work order, valued at Rs 177.93 crore inclusive of GST, covers construction works for the balance of plant for a 300.3 MW hybrid wind power project located at Ralla, Andhra Pradesh. The scope includes construction, completion and testing of foundations for 91 wind turbine generators along with access roads and pathways for the project.
The second work order, valued at Rs 119.96 crore inclusive of GST, involves supply, transportation and erection, including civil work on a turnkey basis for a 220 kV transmission line, covering the Right of Way acquisition and all requisite statutory approvals.
About Ceigall India
Ceigall India Limited is an ISO 9001:2008 certified infrastructure and EPC company headquartered in Gurugram, Haryana with its registered office in Ludhiana, Punjab. The company is engaged in the execution of large-scale infrastructure projects across roads, highways, bridges, flyovers, tunnels and power transmission sectors across India.
Ceigall India Limited has a market capitalisation of Rs 4,867 crore. Over the past three years, the company has recorded an average ROE of 28.5 per cent. Over a one-year period, the stock has declined by 5.79 per cent, while the benchmark Nifty Smallcap Index has fallen by 6.88 per cent
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