The Velgaon GIS project will be completed over a two-year period, followed by a 35-year operation and maintenance term. The company informed that Rs 58.5 crore is the annuity per year for 35 years, against EPC cost of approx. Rs 450 crore.
This means long-term recurring cash flows (via PPA) and a stable asset base, which complements more transactional EPC business. By stepping into power transmission and distribution, Ceigall is positioning itself as not just a builder, but as a sustainable infrastructure company.
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