Ceigall India Limited (CIL) has emerged as the H1 bidder for a de-silting project awarded by the Water Resources Department of Punjab. The contract involves the de-silting of the Abohar Branch canal, specifically between RD 0 and 69500. This domestic project is valued at Rs. 14.12 Lacs and is set to be executed within a tight timeframe of 20 days from the date of the contract agreement.
Project Details
Ceigall India Limited has officially been identified as the successful H1 bidder for a water management contract in Punjab. The project focuses on the de-silting of the Abohar Branch canal, covering a stretch between RD 0 and 69500. This contract is a quantity-based agreement, ensuring clear operational parameters for the company.
Contractual Terms and Execution
The total consideration for this engagement is Rs. 14.12 Lacs. As part of the agreement, the company is required to pay a royalty of Rs. 3.5 per Cubic Feet (CFt) to the Punjab Government. Furthermore, a strategic element of the project allows the extracted de-silted material to be repurposed for filling requirements in the company’s adjoining infrastructure projects.
Timeline
Given the specific scope of the de-silting work, the project has been fast-tracked for completion. The company is committed to executing the entire contract within 20 days from the official date of the contract agreement, highlighting its operational efficiency in handling short-turnaround infrastructure tasks.
Source: BSE
