Ceigall India Subsidiary Secures ₹603 Crore Highway Project from NHAI
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Ceigall India Subsidiary Secures ₹603-Cr NHAI Highway Project
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CNBC TV18•20-03-2026, 18:47
Ceigall India Subsidiary Secures ₹603-Cr NHAI Highway Project
•Ceigall Infra Projects Pvt Ltd (CIPPL), a wholly-owned subsidiary of Ceigall India Ltd, is the lowest bidder for a ₹603 crore NHAI project.
•The project involves constructing a 10.3 km six-lane access-controlled spur from NH-205A to Zirakpur Bypass in Punjab.
•The contract will be executed under the hybrid annuity mode (HAM) with an 18-month construction timeline and a 15-year operation and maintenance period.
•This win strengthens Ceigall India’s order book and its presence in the road infrastructure segment.
•CIPPL also secured two urban street development projects in Ludhiana worth ₹108 crore and ₹99 crore earlier this week.