Ceigall India: Co Infra Arm Emerges L1 Bidder For Punjab Projects Worth ₹207 Crore

Ceigall India Limited has announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited (CIPPL), has emerged as the L1 bidder for two significant infrastructure projects awarded by the Punjab Infrastructure Development Board.

Project Award Details

According to the company's regulatory filing, CIPPL secured the lowest bids for two urban street development projects in Ludhiana under the Hybrid Annuity Model (HAM).

Project Details:	Package 1	Package 3
Contract Value:	₹108.00 crore	₹99.00 crore
Tender ID:	2026 DOF 158211 2	2026 DOF 158228 2
Total Project Value:	₹207.00 crore

Project Specifications

Both projects involve the construction and development of world-class urban streets in Ludhiana under the Hybrid Annuity Model. The contracts include comprehensive timelines covering both construction and maintenance phases.

Project Timeline:	Duration
Construction Period:	8 months
Maintenance Period:	6 years
Contract Model:	Hybrid Annuity Model (HAM)

Strategic Significance

The successful bidding demonstrates Ceigall India's competitive strength in securing government infrastructure projects through its subsidiary operations. These HAM-based contracts represent a substantial addition to the company's order book and highlight its expanding presence in Punjab's urban infrastructure development sector.

The company confirmed that these contracts are with domestic entities and do not involve any related party transactions. The projects are expected to contribute significantly to the revenue pipeline over the contract duration, reinforcing Ceigall India's position in India's infrastructure development landscape.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.85%	-1.29%	-3.82%	+1.59%	-0.95%	-28.79%

CEIGALL India Limited has emerged as the L1 bidder for a significant highway construction contract worth ₹274.08 crore from the Ministry of Road Transport and Highways (MoRTH), marking a major milestone for the infrastructure company.

Contract Details and Joint Venture

The company, in joint venture with Rajinder Infrastructure Private Limited, secured the L1 bidder status for Tender ID: 2025_MoRTH_868318_1. The partnership structure allocates 70% share to CEIGALL India and 30% to Rajinder Infrastructure Private Limited.

Parameter:	Details
Contract Value:	₹274.08 crore
Awarding Authority:	Ministry of Road Transport and Highways
Contract Mode:	Engineering Procurement Construction (EPC)
JV Partner:	Rajinder Infrastructure Private Limited
CEIGALL Share:	70%

Project Specifications

The contract involves construction of road from km 17.812 to km 55.377 (Package-2) of Bile-Migging section of NH-913 (Frontier Highway) to Intermediate Lane on EPC mode in Arunachal Pradesh. The project encompasses a comprehensive timeline with specific maintenance obligations.

Project Details:	Specifications
Location:	Arunachal Pradesh
Highway:	NH-913 (Frontier Highway)
Section:	Bile-Migging (km 17.812 to km 55.377)
Construction Period:	48 months
Maintenance Period:	5 years

Regulatory Compliance

CEIGALL India has fulfilled all regulatory disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the contract does not involve any related party transactions and operates at arm's length with no promoter group interest in the awarding entity.

Business Impact

This L1 bidder status represents a significant achievement for CEIGALL India, strengthening its position in the highway infrastructure sector. The substantial contract value is expected to contribute meaningfully to the company's order book and revenue pipeline over the project execution period.