Ceigall India Subsidiary Emerges L1 Bidder for ₹603 Crore NHAI Project
Ceigall India Limited's subsidiary, Ceigall Infra Projects Private Limited, is the L1 bidder for a ₹603 Crore National Highways Authority of India project. The contract involves constructing a 10.300 Km, 6-lane access-controlled spur connectivity project in Punjab on a Hybrid Annuity Mode. Execution includes 18 months of construction and 15 years of O&M.
The order value of ₹603 Crore is substantial and represents a new contract win for the company, which could positively impact its future financial performance and growth prospects.
The company's subsidiary has emerged as the lowest bidder (L1) for a significant project, indicating potential new business and revenue generation.
Ceigall India Limited (CIL) announced that its wholly-owned subsidiary, Ceigall Infra Projects Private Limited (CIPPL), has emerged as the L1 bidder in a tender floated by the National Highways Authority of India (NHAI).
The tender, identified as Tender ID: 2025_NHAI_258699_1, was opened on March 20, 2026. The contract involves the construction of a 6-lane access-controlled spur connectivity project in Punjab, spanning a total length of 10.300 Km. This project, under NH(O), will be executed on a Hybrid Annuity Mode (HAM).
The bid cost for this significant order is ₹603.00 Crore. The execution period includes an 18-month construction phase followed by a 15-year operation and maintenance period. There are no promoter or group company interests in the entity awarding the contract, and the order 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 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.