Ceigall India Ltd Receives Arbitration Award of INR 7.71 Crore for Completed Road Project

Ceigall India Ltd has received an arbitration award of INR 7.71 Crore plus applicable GST from the Hon’ble Arbitration Tribunal under Section 31 of the Arbitration and Conciliation Act 1996. The award is in relation to the project ‘Rehabilitation and augmentation of New NH-354 (Old SH-25)’ of section Ramdas to Gurdaspur from design chainage km 140.000 (existing km 46.320 of SH) to design chainage km 187.492 (existing km 3.185 of SH) for length of 47.492 into two lane with paved shoulder/four-lane under Bharatmala scheme in the state of Punjab EPC mode (Package-V)’. The project was completed on June 30, 2020.