Whalesbook
Ceigall India Ltd has received a Letter of Intent from REC Power Development and Consultancy Ltd for a significant power project. The company will establish the 400/220 kV Velgaon substation (GIS) under a tariff-based competitive bidding process. This project includes an annual revenue of ₹58.5 crore for 35 years post a 24-month completion period, marking a substantial long-term contract for the infrastructure firm.