Ceigall India Limited Receives Rs 603-Crore Highway Construction Contract from NHAI
Ceigall India Limited announced that Ceigall Infra Projects Private Limited (CIPPL), a wholly owned subsidiary, has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI). The award is for the construction of a 6-lane access-controlled spur road in Punjab, valued at Rs 603.00 crore.The project involves developing a 10.300 km stretch connecting the Ambala-Chandigarh section of NH-205A and the Zirakpur Bypass. Construction will be executed under a Hybrid Annuity Mode (HAM) and includes an 18-month construction period followed by a 15-year Operation & Maintenance (O&M) period.
According to Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, the contract reinforces the company's position as a trusted partner in India’s highway development.
Project Details:
| Particulars | Details |
|---|---|
| Awarding Entity | National Highways Authority of India |
| Contract Mode | Hybrid Annuity Mode (HAM) |
| Project Length | 10.300 Km |
| Construction Period | 18 Months |
| Operation & Maintenance Period | 15 Years |
| Contract Value (Bid Cost) | Rs 603.00 Crore |
Ceigall India Limited is an infrastructure engineering, procurement, and construction (EPC) company involved in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company operates under BSE: 544223 and NSE: CEIGALL.
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