Ceigall India Subsidiary Receives Appointed Date for ₹981 Crore Ludhiana-Bathinda Highway Project
The ₹981 crore project is a large-scale infrastructure development that will significantly contribute to the company's order book, revenue, and long-term operational stability.
The company's subsidiary received the 'Appointed Date' from NHAI for a significant ₹981 crore highway project, signaling project commencement and future revenue generation under the HAM model.
Ceigall India Limited announced on 30 September 2025 that its subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway Private Limited, has received the "Appointed Date" of 29 September 2025 from the National Highways Authority of India (NHAI) for a significant highway development project. * The project is valued at ₹981 crore. * It involves the development of a 6-lane access-controlled Ludhiana – Bathinda Greenfield highway section of NH-754AD, spanning from km 30+300 to km 75+543. * This section is part of the Ludhiana – Ajmer Economic Corridor under Bharatmala Pariyojna Phase-I (Package-2). * The project will be executed under the Hybrid Annuity Model (HAM). * It has a construction period of 730 days from the Appointed Date, followed by an operation period of 15 years. * Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, commented that the appointed date marks the formal start of the project, which is expected to ease travel, boost logistics efficiency, and support regional development. * The company recently also secured an LoA worth ₹509.20 crore from GMADA for internal roads and allied works at the Aerotropolis township project in Mohali.
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