Ceigall Subsidiary Wins Rs 6,030 Million NHAI Contract in Punjab
ROADS & HIGHWAYS

Ceigall Subsidiary Wins Rs 6,030 Million NHAI Contract in Punjab

Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India Limited, has received a Letter of Award from the National Highways Authority of India for the construction of a six-lane access-controlled spur road in the state of Punjab. The project covers a 10.300 km stretch beginning at chainage 15+100 of the Ambala-Chandigarh section of NH 205A and terminating at chainage 2+500 of the Zirakpur Bypass under the NH(O) classification. The contract is to be executed on the Hybrid Annuity Mode (HAM).

The awarded contract carries a bid cost of Rs 6,030 million (mn) and includes an 18-month construction period followed by a 15-year operation and maintenance period. The company will undertake construction and subsequent operations under the terms set out in the Letter of Award dated 27 March 2026. The order was awarded by a domestic government agency and is not a related party transaction.

Company disclosures indicate that there is no interest of the promoter or promoter group in the awarding entity and that the contract will be executed at arm's length. Ceigall India Limited has an established track record in infrastructure engineering, procurement and construction projects, including highways, bridges and other transport assets, and pursues projects under both EPC and Hybrid Annuity Model formats. The firm expects the project to contribute to improved connectivity in the region and to strengthen its order book.

The contract value and timelines reinforce the company’s position in India’s highway development sector and are aligned with its stated focus on timely execution of quality projects. The company has communicated the award through stock exchange filings and a press release and has requested regulators to record the information. Further operational details and project milestones will be disclosed in compliance with applicable listing obligations.

Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India Limited, has received a Letter of Award from the National Highways Authority of India for the construction of a six-lane access-controlled spur road in the state of Punjab. The project covers a 10.300 km stretch beginning at chainage 15+100 of the Ambala-Chandigarh section of NH 205A and terminating at chainage 2+500 of the Zirakpur Bypass under the NH(O) classification. The contract is to be executed on the Hybrid Annuity Mode (HAM). The awarded contract carries a bid cost of Rs 6,030 million (mn) and includes an 18-month construction period followed by a 15-year operation and maintenance period. The company will undertake construction and subsequent operations under the terms set out in the Letter of Award dated 27 March 2026. The order was awarded by a domestic government agency and is not a related party transaction. Company disclosures indicate that there is no interest of the promoter or promoter group in the awarding entity and that the contract will be executed at arm's length. Ceigall India Limited has an established track record in infrastructure engineering, procurement and construction projects, including highways, bridges and other transport assets, and pursues projects under both EPC and Hybrid Annuity Model formats. The firm expects the project to contribute to improved connectivity in the region and to strengthen its order book. The contract value and timelines reinforce the company’s position in India’s highway development sector and are aligned with its stated focus on timely execution of quality projects. The company has communicated the award through stock exchange filings and a press release and has requested regulators to record the information. Further operational details and project milestones will be disclosed in compliance with applicable listing obligations.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement