Ceigal India Arm Bags Rs 603-Cr NHAI Order

New Delhi, Mar 27 (PTI) Ceigal India on Friday said its arm Ceigall Infra Projects Pvt Ltd (CIPPL) has secured an order worth Rs 603 crore from NHAI for the construction of a six-lane access-controlled spur road in Punjab.

The awarded project involves developing a 10.300-km stretch starting from a point on the Ambala Chandigarh section of NH-205A till the Zirakpur Bypass, under the NH(O) in Punjab, the company said in a statement.

The contract will be executed on the Hybrid Annuity Mode (HAM).


According to the statement, Ceigall Infra Projects Pvt Ltd (CIPPL), a wholly owned subsidiary of Ceigall India Ltd (CIL), has received a letter of award (LOA) from the National Highways Authority of India (NHAI) for the construction of a six-lane access-controlled spur road in Punjab.

Valued at Rs 603 crore (bid cost), the project includes an 18-month construction period, followed by a 15-year operation & maintenance (O&M) period, it stated.

Ramneek Sehgal, Chairman & Managing Director, Ceigall India, said in the statement, "Securing this project reaffirms our position as a trusted partner in India's highway development and reflects NHAI's continued trust in Ceigall's technical capabilities and execution strength."

Ceigall India Ltd is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways.