Ceigall's ₹1,089 Cr Highway Heist: NHAI's Mega Bet on Road King?

Project Details

Ceigall India specializes in engineering, procurement, and construction of elevated roads, flyovers, bridges, and highways under EPC and Hybrid Annuity Mode (HAM) across 10 states. The latest LoA aligns with NHAI's aggressive highway expansion, building on recent wins like Punjab's NH-54 project.
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Key Highlights

Order Value & Scope: ₹10.89 billion contract for highway construction, focusing on high-quality, multi lane infrastructure with specialized structures.
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Strategic Fit: Enhances Ceigall's diversified portfolio in EPC/HAM projects, spanning Punjab, UP, MP, and beyond, with timely execution track record.
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Recent Momentum: Follows subsidiary's provisional certificate for ₹613 Cr NH-54 (27.4 km Punjab project, COD Dec 22, 2025) and Indore Ujjain greenfield bid.
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Market Impact: Strengthens order book beyond FY26 targets (₹14,237 Cr total), signaling sustained revenue visibility in booming infra sector.
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Company Edge: Proven in complex projects like Ayodhya Bypass (35.4 km) and Ludhiana Bypass, with 24 month typical completion timelines.
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Sources: Ceigall India official notice