Ceigall India Limited (CIL), one of India’s leading infrastructure development companies, today announced that it has received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL) for the development of a major common transmission system in Gujarat.
The LoI has been awarded for the “Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5 GW), Jam Khambhaliya (Phase-II: 5.5 GW) and Jamnagar (Phase-I: 1 GW) – Part-B” project. The project entails the development of a 765/400 kV Air Insulated Substation (AIS) along with approximately 300 km of transmission lines.
The project is valued at approximately ₹5,300 crore (inclusive of GST). The Company will receive annual transmission charges of ₹608.67 crore each year over the 35-year operational period. Execution is expected to take 36 months, followed by this 35-year operational period.
The project forms part of the transmission infrastructure being developed to facilitate the evacuation of power from key renewable energy zones in Gujarat, including Lakadia, Jam Khambhaliya and Jamnagar.
“This project marks an important milestone in Ceigall India’s journey towards strengthening its presence in the transmission infrastructure segment. The project will contribute to the development of critical power transmission infrastructure in Gujarat and support the efficient evacuation of power from key generation regions. With our strong execution capabilities and focus on large-scale infrastructure development, we remain committed to contributing to India’s evolving energy and infrastructure landscape while creating long-term value for all our stakeholders,” said Mr. Ramneek Sehgal, Managing Director, Ceigall India Limited.
With the award of this LoI, Ceigall India further strengthens its presence in the infrastructure and transmission segment, building on its capabilities in executing large-scale infrastructure projects. The project will contribute towards strengthening transmission infrastructure and supporting the efficient evacuation of power from major generation hubs.
Ceigall India remains focused on expanding its infrastructure portfolio and leveraging its execution capabilities to participate in projects that support the development of India’s critical infrastructure network.
