Ceigall India Limited, in a joint venture with Sushee Infra & Mining Limited, has received a Letter of Acceptance (LOA) for a significant road construction project from the Ministry of Road Transport & Highways (MoRTH). The contract is valued at ₹704.70 Crore (excluding GST) and involves the construction of a 82.4 km section of NH-913 in Arunachal Pradesh. The project has a construction period of 48 months, followed by a 5-year maintenance period.
Ceigall India Secures Major Road Project
Ceigall India Limited (‘CIL’) and its joint venture partner Sushee Infra & Mining Limited (‘SIML’) have been awarded a substantial contract for road construction by the Ministry of Road Transport & Highways (‘MoRTH’). The Letter of Acceptance (‘LOA’) was received on August 24, 2026, marking a significant addition to the company’s project portfolio. This development is a key highlight as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Project Details and Contract Value
The contract, awarded on a domestic basis, entails the construction of the road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913, also known as the Frontier Highway. This section is to be developed into an Intermediate Lane on an Engineering Procurement Construction (EPC) mode. The total consideration for this project is Rs. 704.70 Crore, excluding Goods and Services Tax (GST).
Project Timeline and JV Structure
The execution of this project is expected to take 48 months for construction, with an additional 05 Year maintenance period following completion. Ceigall India Limited holds a 74% share in the joint venture, while Sushee Infra & Mining Limited holds the remaining 26% share. The project is situated in the state of Arunachal Pradesh.
No Promoter Interest in Contract Award
In accordance with disclosure requirements, it has been confirmed that the promoter/promoter group/group companies of Ceigall India Limited have no interest in the entity that awarded this contract. Furthermore, the awarded order(s)/contract(s) do not fall within the definition of related party transactions, ensuring an arm’s length transaction.
Source: BSE
