Ceigall Infra Projects Private Limited, a subsidiary of Ceigall India Limited, has received a Letter of Award (LOA) from NHAI for a significant four-laning highway project in Bihar under the Hybrid Annuity Model (HAM). The project cost is approximately ₹2,160 crore, covering 78.942 km. Execution involves a 730-day construction period followed by 15 years of O&M, aligning with the Government of India’s infrastructure development goals.
NHAI Awards Major Highway Project to Ceigall Subsidiary
Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India Limited, has secured a substantial infrastructure contract from the National Highways Authority of India (NHAI). The Letter of Award (LOA) was dated 11 February 2026, confirming the award for the construction of a four-lane highway project in the state of Bihar, executed under the Hybrid Annuity Mode (HAM).
Project Details and Financial Value
The bid project cost is estimated at approximately ₹2,160 crore. The project entails the four-laning of the Sahebganj-Areraj-Bettiah section of NH-139W, totaling a length of 78.942 km. This segment is divided into two parts: Section 1 (Sahebganj to Areraj, 38.362 km) and Section 2 (Areraj to Bettiah, 40.580 km).
The execution timeline includes a construction period of 730 days, followed by a mandatory 15-year operation and maintenance (O&M) period, ensuring long-term revenue visibility for Ceigall.
Strategic Importance and Company Commentary
This strategically vital corridor is expected to significantly boost regional connectivity, enhance road safety, and facilitate faster movement of goods and passengers within Bihar, thereby supporting broader economic development in the region.
Commenting on the award, Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, expressed pleasure, stating the project aligns closely with the Government of India’s PM Gati Shakti vision for integrated infrastructure development. He affirmed the company’s commitment to delivering the project with speed, quality, and sustainability, emphasizing that this order enhances Ceigall India’s robust order book built on annuity-based models.
About Ceigall India Limited
Ceigall India Limited operates as an infrastructure Engineering, Procurement, and Construction (EPC) company. The firm specializes in the development of highways, expressways, bridges, flyovers, tunnels, and runways. The company executes projects using both traditional EPC formats and the Hybrid Annuity Model (HAM), demonstrating a strong track record of timely project execution across India.
Source: BSE
