Ceigall India Limited has secured a major infrastructure contract from Jaipur Metro Rail Corporation Ltd, being declared the L-1 bidder for the elevated viaduct and stations project under Jaipur Metro Phase-II. The company announced this development through a regulatory filing dated January 16, 2026, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

Project Partnership and Structure

The project will be executed through a joint venture arrangement between Ceigall India Limited and SAM India Builtwell Pvt. Ltd. The partnership structure demonstrates Ceigall's leading role in the consortium:

Project Scope and Technical Specifications

The comprehensive infrastructure project encompasses the design and construction of elevated metro infrastructure across Jaipur. The project covers a substantial 10.8 km stretch, featuring ten strategically located elevated stations. These stations include Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate, and Pinjrapole Gaushala.

The technical scope extends from Chainage -600 m to 11400 m, incorporating a spur line towards the depot of Jaipur Metro Phase-II MRTS. The project excludes architectural finishing of the stations, focusing primarily on structural and civil engineering components.

Contract Details and Compliance

The domestic contract represents a significant milestone for Ceigall India Limited's infrastructure portfolio. The company confirmed that this project does not involve any related party transactions and maintains arm's length dealings. Additionally, the promoter group has no interest in Jaipur Metro Rail Corporation Ltd, ensuring transparent business operations.

Strategic Significance

This contract award reinforces Ceigall India Limited's position in the metro rail infrastructure segment. The 34-month execution timeline provides the company with a substantial order book addition, contributing to revenue visibility over the medium term. The project's strategic location in Jaipur, a major urban center, positions the company in a key transportation infrastructure development initiative.

The EPC nature of the contract allows Ceigall to leverage its engineering and construction capabilities across the entire project lifecycle. The item rate contract structure provides operational flexibility while ensuring cost management throughout the execution phase.

Ceigall India has secured a major breakthrough in the metro rail infrastructure sector by being named as the top bidder for a prestigious Engineering, Procurement and Construction (EPC) contract by Jaipur Metro Rail Corporation. This significant development positions the company for substantial growth in the urban transportation infrastructure segment.

Project Overview

The EPC contract represents a substantial business opportunity for Ceigall India, with comprehensive project parameters that highlight the scale and importance of this infrastructure development initiative.

Strategic Partnership

The project will be executed through a strategic partnership between Ceigall India and Sam India Builtwell. This collaboration brings together complementary expertise and capabilities, positioning both companies to deliver the complex metro rail infrastructure project effectively. The partnership structure allows for shared resources and specialized knowledge in different aspects of the EPC contract.

Project Timeline and Execution

With an expected completion timeline of 34 months, the project represents a medium to long-term commitment that will contribute to Ceigall India's revenue stream over the next three years. The timeline reflects the comprehensive nature of the EPC contract, which encompasses engineering design, procurement of materials and equipment, and complete construction of the metro rail infrastructure.

Infrastructure Development Impact

This contract award reinforces Ceigall India's position in the infrastructure development sector, particularly in urban transportation projects. The Jaipur Metro Rail project will contribute to the expansion of metro rail connectivity in Rajasthan's capital city, supporting urban mobility and transportation infrastructure development in the region.