Ceigall India Subsidiary Receives Provisional Certificate for Punjab Project Worth ₹613 Crore
Ceigall India Limited's subsidiary has received a provisional certificate for a ₹613.11 Crore highway project in Punjab. The project is declared fit for commercial operation starting December 22, 2025. This marks a significant milestone for the company's infrastructure development in the region.
The project's value is significant (₹613.11 Crores) and its commencement of commercial operations is a key development that will contribute to the company's top line and operational performance.
The receipt of a provisional certificate for a major project signifies positive progress and operational readiness, which is beneficial for the company's revenue stream and future prospects.
Ceigall Bathinda Dabwali Highways Private Limited, a subsidiary of Ceigall India Limited, has received the provisional certificate for its project in Punjab. The project involves the six-laning of the Jodhpur Romana (Bathinda) to Mandi Dabwali section of NH-54, spanning 27.40 km, and is being executed on a Hybrid Annuity Mode (HAM) basis.
The provisional certificate, issued by the Independent Engineer, was received by the company on December 26, 2025. It declares the project fit for entry into commercial operation effective December 22, 2025. This development is a continuation of the company's earlier communication dated March 5, 2025.
The project was awarded by the National Highways Authority of India. The significant terms include the development of the six-laning of the specified NH-54 section. The appointed date for the project was August 11, 2023, with the provisional commercial operation date set for December 22, 2025. The bid project cost is ₹613.11 Crores. The company has confirmed that promoters or group companies do not have an interest in the awarding entity, and the contract does not fall under related party transactions.
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