Ceigall Ayodhya Bypass Project Declares Appointed Date: INR 1,299.20 Cr Investment for 32.172 Km Highway

Ceigall Ayodhya Bypass Private Limited, a subsidiary of Ceigall India Ltd, has received a letter from the National Highways Authority of India, notifying 28th March, 2025 as the 'Appointed Date' for the construction of a 4/6 lane Southern Ayodhya Bypass from Km. 5.000 to Km. 37.172 on NH-27 in Uttar Pradesh. The project, costing INR 1,299.20 Cr, will be constructed under Hybrid Annuity Mode (HAM) basis for a period of 912 days, followed by 15 years of Operation & Maintenance period. The Concession Agreement was signed on 28th November, 2024, and 80.06% encumbrance free land has been handed over to the concessionaire for construction.