CEIGALL NSE filing

Ceigall India subsidiary wins ₹2,160 Cr Bihar highway project from NHAI

The RealCase readHigh impact Positive

Ceigall India's subsidiary has received a Letter of Award from NHAI for a ₹2,160 crore highway project in Bihar. The project involves four-laning a 78.942 km stretch and will be executed under the Hybrid Annuity Model with a 730-day construction period and a 15-year O&M phase.

Why it matters

The value of the project (₹2,160 crore) is substantial and represents a significant addition to the company's order book, indicating strong growth potential.

The market read

The company secured a significant new order from NHAI, which is a positive development for its order book and future revenue streams.

Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India Limited, has been awarded a Letter of Award (LOA) dated 11 February 2026 by the National Highways Authority of India (NHAI) for a road project in Bihar. The project involves the four-laning of the Sahebganj – Areraj – Bettiah section of NH-139W, spanning 78.942 km.

The bid project cost is ₹2,160 crore, and the project will be executed under the Hybrid Annuity Model (HAM). The construction period is 730 days, followed by a 15-year operation and maintenance period. This development is expected to enhance regional connectivity, road safety, and economic development in Bihar.

Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, stated that the project aligns with the Government of India’s PM Gati Shakti vision and strengthens the company's commitment to delivering infrastructure projects with speed, quality, and sustainability. This order further bolsters Ceigall India's order book and reinforces its focus on annuity-based highway projects.

Filing to action

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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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Primary source

A plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.

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