Ceigall India JV wins ₹704.70 Cr MoRTH road project

Ceigall India has emerged as the L1 bidder for a road infrastructure project worth ₹704.70 crore in Arunachal Pradesh, awarded by the Ministry of Road Transport and Highways. The company secured the bid jointly with Sushee Infra & Mining Limited, with Ceigall India holding a 74% share and Sushee Infra & Mining Limited holding a 26% share in the joint venture. The project involves the construction of a road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913 (Frontier Highway) to Intermediate Lane on Engineering Procurement Construction (EPC) mode.

Project Overview

The following table summarizes the key details of the awarded project:

Parameter	Details
Project Value	₹704.70 Crore (Awarded Cost excluding GST)
Awarding Authority	Ministry of Road Transport and Highways
Project Location	Arunachal Pradesh
Construction Timeline	48 Months
Maintenance Period	5 Years
Mode of Contract	Engineering Procurement Construction (EPC)
Bidding Status	L1 Bidder

Significance of the Order Win

The order from the Ministry of Road Transport and Highways underscores Ceigall India's growing presence in road infrastructure development across India. Arunachal Pradesh, being a strategically important state in the northeastern region, has been a focus area for large-scale road connectivity projects under national infrastructure programs. Securing the L1 bidder position for a project of this scale reflects the company's competitive standing in the infrastructure sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.84%	-5.11%	-0.16%	+34.51%	+34.61%	-5.42%

Ceigall India Limited’s subsidiary, Ceigall Indore Ujjain Greenfield Highway Limited, has received the appointed date of July 6, 2026, for the construction of the Indore Ujjain Greenfield Highway project. The Madhya Pradesh Road Development Corporation Ltd. communicated this development via a letter dated July 6, 2026, marking the formal commencement timeline for the infrastructure initiative valued at a bid project cost of ₹1089.00 crore.

The project entails the construction of a 48.10 km access-controlled four-lane highway with paved shoulders. It stretches from Km. 0.000 near Pitra Parvat to Km. 48.100 on the Simhastha bypass. The execution will be undertaken under the Hybrid Annuity Mode (HAM), a public-private partnership model frequently utilized for highway development.

Project Details

Project	Bid Project Cost (INR in Cr.)	Mode	Appointed Date
Construction of Indore Ujjain Green field (Access Control) 4 lane with paved shoulder project highway (length 48.10 Km.) Starting from Km. 0.000 near Pitra Parvat and terminating at Km. 48.100 (Simhastha bypass km 2.600) on Hybrid Annuity Mode (HAM)	1089.00	Hybrid Annuity Mode (HAM)	06-07-2026

The intimation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows an earlier letter dated January 13, 2026, regarding the project status.