Ceigall India jumps 3% on ₹5,300 crore Gujarat project

Ceigall India shares gained over 3% after receiving an LoI for a ₹5,300 crore power transmission project in Gujarat. The company will receive annual transmission charges of ₹608.67 crore for 35 years after a 36-month construction period. The project will evacuate power from key renewable energy zones.