Ceigall India bags Bihar mining contract worth ₹214.52 Cr over 5 years
Ceigall India Limited secured the H1 bidder position for mining stone blocks in Nawada District, Bihar. The project, awarded by the Government of Bihar, has a total cumulative value of ₹214.52 Crore over five years, with an annual amount of ₹28.82 Crore and a 20% annual increment.
The value of the contract is substantial and spread over five years, indicating a positive impact on the company's revenue and operations.
The company has secured a significant new order, which is positive for its business prospects.
Ceigall India Limited (CIL) has emerged as the H1 bidder for the Project नवादा जिला के पत्थर भूखण्डों की बोंदडबस्ती हेतु (Allotment/Leasing of Stone Blocks in Nawada District Lot -4) (Bhadokhara, Block -D) through an E-Reverse Auction conducted by the Government of Bihar, Department of Mines and Geology on September 7, 2026.
The contract involves the mining of stone blocks and is a quantity-based project. The awarded contract is for Lot No - 4, named Bhadokhara, Block -D, classified as a Mine Block.
The execution period for the contract includes a minable reserve of 4,19,300 cum per year and a total of 20,96,500 cum minable reserve over five years. The consideration for the contract is ₹28.82 Crore annually, with a 20% increment each year for the five-year period. The total cumulative value of the contract is ₹214.52 Crore, excluding GST and other taxes.
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Ceigall India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.