Ceigall Infra Projects Private Limited (CIPPL), a wholly-owned subsidiary of Ceigall India Limited, has been awarded a Letter of Award (LOA) valued at Rs 603.00 Crore (Bid Cost) from the National Highways Authority of India (NHAI). The project involves the construction of a 6-lane access-controlled spur connectivity road in Punjab under the Hybrid Annuity Mode (HAM). The contract includes an 18-month construction period followed by a 15-year Operation & Maintenance (O&M) period, reaffirming Ceigall’s role in national highway development.
New Highway Project Awarded to Subsidiary
Ceigall India Limited (CIL) announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited (CIPPL), has secured a significant Letter of Award (LOA) from the National Highways Authority of India (NHAI) on March 27, 2026.
Project Details and Value
The contract is for the construction of a 6-lane access-controlled Spur connectivity. This development covers a total length of 10.300 Km, specifically starting from Ch. 15+100 of the Ambala–Chandigarh section of NH-205A and terminating at Ch. 2+500 of Zirakpur Bypass in the State of Punjab.
The total consideration or size of the contract is quantified at Rs. 603.00 Crore (Bid Cost).
Contract Structure and Duration
This project is structured under the Hybrid Annuity Mode (HAM), signifying a partnership approach between the developer and the authority.
- Execution Timeframe: The contract mandates an 18 Month Construction Period.
- Post-Construction Term: Following construction, there is a substantial 15 Year Operation & Maintenance Period.
The awarding entity, NHAI, is confirmed to be a Domestic body, and the transaction is classified as Domestic.
Management Commentary
Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, stated that securing this project reaffirms the company’s position as a trusted partner in India’s highway development. He highlighted that this success reflects NHAI’s continued trust in Ceigall’s technical capabilities and execution strength, aligning with the goal of scaling infrastructure growth.
About Ceigall India Limited
Ceigall India Limited operates as an infrastructure engineering, procurement, and construction (EPC) company specializing in highways, expressways, bridges, and related infrastructure. The company successfully executes projects utilizing both the standard EPC format and the Hybrid Annuity Model (HAM), maintaining a strong track record of timely execution across India.
Source: BSE
