Ceigall India Secures ₹603 Crore NHAI Contract for Punjab Spur Project
Ceigall Infra Projects Private Limited received a Letter of Award from NHAI for constructing a 10.300 km, 6-lane spur road in Punjab. The project is valued at ₹603 crore and includes an 18-month construction period and a 15-year O&M period.
The order value of ₹603 crore is substantial and will contribute significantly to the company's order book and future revenue, impacting its financial performance.
The company has secured a significant new order, which is a positive development for its business and revenue prospects.
Ceigall Infra Projects Private Limited (CIPPL), a wholly owned subsidiary of Ceigall India Limited (CIL), has been awarded a Letter of Award (LOA) by the National Highways Authority of India (NHAI) for the construction of a 6-lane access-controlled spur road in Punjab. The project involves developing a 10.300 km stretch from Ch. 15+100 of the Ambala – Chandigarh section of NH-205A to Ch. 2+500 of the Zirakpur Bypass, to be executed under the Hybrid Annuity Mode (HAM).
The contract, valued at ₹603 crore (Bid Cost), includes an 18-month construction period followed by a 15-year Operation & Maintenance period. This award reaffirms Ceigall's position in highway development and NHAI's trust in the company's capabilities.
Ceigall India Limited is an infrastructure EPC company specializing in highways, bridges, flyovers, and other infrastructure projects, with a strong track record in executing projects under EPC and HAM formats.
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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.