Ceigall India subsidiary wins ₹603 crore NHAI highway project
pre-market1 source ↓written by the desknot a recommendation
- highway project
- ₹603 crore
- 6-lane access-controlled spur
- 10.3 km
- and an O&M
- 18 months
- O&M period
- 15 years
Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India, has emerged as the L1 bidder for a ₹603 crore highway project from the National Highways Authority of India (NHAI). The project involves constructing a 10.3 km 6-lane access-controlled spur in Punjab under the Hybrid Annuity Mode (HAM).
This contract, with a construction period of 18 months and an O&M period of 15 years, is expected to enhance infrastructure connectivity in the region, potentially boosting sentiment in the construction sector.
Not investment advice. For informational purposes only.