StockWatch
·
Civil Construction
Project Update7 Jul 2026, 01:56 pm

Ceigall India Subsidiary Gets Appointed Date for ₹1,305 Cr Highway Project

AI Summary

Ceigall India Ltd's subsidiary, Ceigall VRK 12 Private Limited, has received the Appointed Date of July 6, 2026, from the National Highways Authority of India (NHAI) for the construction of a 6-lane Greenfield highway. The project, part of the Bharatmala Pariyojana in Jharkhand, involves the construction of the Varanasi-Ranchi-Kolkata Highway from km 325.500 to km 358.500. The project cost is ₹1,305.00 Crores and is being executed on a Hybrid Annuity Mode (HAM). This development is a significant step for the subsidiary and aligns with the company's broader infrastructure development goals.

Key Highlights

  • Subsidiary receives appointed date for ₹1,305 Cr highway project.
  • Project is part of Bharatmala Pariyojana in Jharkhand.
  • Construction to be on Hybrid Annuity Mode (HAM).
  • Appointed date declared as July 6, 2026.
  • Project involves 6-lane Greenfield highway construction.