Ceigall India wins ₹704.70 crore highway project bid
after close1 source ↓written by the desknot a recommendation
- highway project
- ₹704.70 crore
- in the joint
- 74% stake
Ceigall India Limited, alongside Sushee Infra & Mining Limited, has emerged as the lowest bidder for a ₹704.70 crore highway project from the Ministry of Road Transport and Highways. The project involves the construction of a road section on NH-913 in Arunachal Pradesh, with Ceigall holding a 74% stake in the joint venture.
This contract, awarded under the EPC mode, enhances Ceigall's portfolio and may boost investor sentiment in the infrastructure sector. 📈
Not investment advice. For informational purposes only.