CEIGALL INDIA: RECEIVES LOI FOR ₹5,300 CR TRANSMISSION PROJECT
Ceigall India has received a Letter of Intent from REC Power Development & Consultancy for a major transmission project in Gujarat.
Project: Common Transmission System for evacuation of power from Lakadia, Jam Khambhaliya and Jamnagar.
Scope includes a 765/400 kV AIS substation and ~300 km transmission line.
Total project cost: ~₹5,300 Cr including GST
Annual transmission charges: ₹608.67 Cr for 35 years
Execution period: 36 months
Operational period: 35 years
No promoter/group company interest and no related party transaction.
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