Ceigall India joint venture wins ₹704.70 crore highway project
pre-market1 source ↓written by the desknot a recommendation
- project
- ₹704.70 crore
- in the JV
- 74% stake
Ceigall India Limited, alongside Sushee Infra & Mining Limited, has emerged as the L1 bidder for a ₹704.70 crore project from the Ministry of Road Transport and Highways. The joint venture will focus on the EPC construction of a road section in Arunachal Pradesh, enhancing infrastructure in the region.
This contract marks a significant opportunity for Ceigall India, holding a 74% stake in the JV, potentially boosting its revenue and market position in the infrastructure sector.
Not investment advice. For informational purposes only.