Ceigall India Ltd Secures Major EPC Contract for Frontier Highway Road Construction

Ceigall India Ltd Secures Major EPC Contract for Frontier Highway Road Construction

Ceigall India Ltd Secures Major EPC Contract for Frontier Highway Road Construction​

Ceigall India Limited, in partnership with Rajinder Infrastructure Private Limited (RIPL), has received a Letter of Acceptance (LOA) from the Ministry of Road Transport & Highways (MoRTH). The LOA pertains to the construction of a section of National Highway 913 (NH-913), designated as the Frontier Highway.

Ceigall India Ltd and RIPL hold a 70:30 share in the joint venture undertaking this project. The contract involves the Engineering Procurement Construction (EPC) mode for constructing a road stretch from km 17.812 to km 55.377 (Package-2) of the Bile Migging section (km 0.00 at Migging end) in Arunachal Pradesh state.

The project details, awarded by the Ministry of Road Transport & Highways, are as follows:

ParameterDetails
Contracting EntityMinistry of Road Transport & Highways
Project NatureConstruction of road on NH-913 (Frontier Highway)
Contract ModeEngineering Procurement Construction (EPC)
Location ScopeBile Migging section, km 0.00 to km 55.377
Bid CostRs. 274.08 Crore (Excl. GST)
Execution Timeline48 Months Construction Period and 05 Year Maintenance Period

The contract is a domestic entity project, awarded to the joint venture. Regarding related party status, neither Ceigall India Limited nor its promoter group holds any interest in the Ministry of Road Transport & Highways or the awarding entity, and the order does not fall within related party transactions.

CEIGALL Stock Price Movement​

Edging higher in live trading, Ceigall India Limited stock is currently valued at ₹311.9 as of 10:38 AM today, climbing by 0.89%. The shares have seen a total volume of 238,346 so far as the company maintains its upward momentum in the market.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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