Ceigall India Limited subsidiary secures ₹2,160 Crore NHAI contract in Bihar
Ceigall India Limited subsidiary received a ₹2,160 Crore Letter of Award from NHAI for highway construction in Bihar. The project involves 4-laning of NH 139W, spanning 78.942 km, to be executed on a Hybrid Annuity Mode. The contract includes a 730-day construction period and a 15-year O&M phase.
The value of the contract (₹2,160 Crores) is substantial and represents a significant new business award for the company, likely to have a material impact on its financial performance.
The company has secured a significant new order from a major government authority, which is expected to boost revenue and future growth.
Ceigall India Limited announced that its wholly-owned subsidiary, Ceigall Infra Projects Private Limited, has received a Letter of Award (LOA) dated February 11, 2026, from the National Highways Authority of India (NHAI).
The contract is for the construction of a 4-lane highway, specifically the Sahebganj Areraj Bettiah stretch of NH 139W, covering a total length of 78.942 km in the state of Bihar. The project is divided into two sections: Section-1 from Sahebganj to Areraj (38.362 km) and Section-2 from Areraj to Bettiah (40.580 km).
The project will be executed on a Hybrid Annuity Mode (HAM) basis. The bid project cost for this significant contract is ₹2,160 Crores. The execution period includes 730 days for construction and a subsequent 15-year Operation & Maintenance (O&M) period. The company confirmed that promoters or group companies do not have any interest in the awarding entity, and the contract does not fall under related party transactions.
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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 high impact, which is the band that most often changes something.
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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.