Ceigall India and SIML Secure Multiple Highway Construction Contracts from MoRTH
Ceigall India Limited (CIL), in partnership with Sushee Infra Mining Limited (SIML), has successfully secured four Letters of Acceptance (LOAs) for significant highway construction projects from the Ministry of Road Transport & Highways (MoRTH). These contracts, which are part of an overall bid process, aggregated to a total Bid Cost of Rs. 2149.62 Crores, according to the intimation released by CIL.CIL and SIML hold a joint venture structure for these projects, with Ceigall India Limited holding 74% and Sushee Infra Mining Limited (SIML) holding 26% of the stake. The contracts are designated as Engineering Procurement Construction (EPC) mode and involve the construction of intermediate lanes on various stretches in the State of Arunachal Pradesh.
The MoRTH awarded these orders, which pertain to the construction of roads within or leading to the Huri-Taliha and Sarli-Huri sections of NH-913 (Frontier Highway) in Arunachal Pradesh.
Details regarding the four contracts are provided below:
| Tender ID | Project Scope | Mode/Location | Bid Cost (Crores) | Execution Timeline (Construction & Maintenance) |
|---|---|---|---|---|
| 2025\_MoRTH\_868241\_1 | Road from km 0.000 to km 55.725 of Huri-Taliha section of NH-913 (Frontier Highway) | Intermediate Lane, Arunachal Pradesh | 521.00 | 36 Months Construction & 05 Years Maintenance |
| 2025\_MoRTH\_868225\_1 | Road from km 0.000 to km 78.38 of Sarli-Huri section of NH-913 (Frontier Highway) | Intermediate Lane, Arunachal Pradesh | 611.10 | 36 Months Construction & 05 Years Maintenance |
| 2025\_MoRTH\_868246\_1 | Road from km 55.725 to km 113.25 of Huri-Taliha section of NH-913 (Frontier Highway) | Intermediate Lane, Arunachal Pradesh | 525.00 | 48 Months Construction & 05 Years Maintenance |
| 2025\_MoRTH\_868268\_1 | Road from km 160.75 to km 209.90 of Huri-Taliha section of NH-913 (Frontier Highway) | Intermediate Lane, Arunachal Pradesh | 492.52 | 36 Months Construction & 05 Years Maintenance |
All the awarded contracts are domestic in nature. The promoter group has no interest in the entity that awarded the orders, and none of the projects will fall under related party transactions.
CEIGALL Stock Price Movement
Shares of Ceigall India Limited are shedding value as of 2:37 PM, drifting down 2.50% in live trading to trade at ₹308.05. The stock recorded a significant volume of 670,941 shares during the ongoing market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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