Ceigall India Subsidiary Gets Appointed Date for ₹1,656 Cr Highway Project
Ceigall India Ltd's subsidiary, Ceigall VRK 11 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 expressway. The project, valued at ₹1,656 crore, is part of the Bharatmala Pariyojana in Jharkhand and is being executed on a Hybrid Annuity Mode (HAM). This development marks a significant step forward for the project, which was previously in the process of awaiting the appointed date. The project involves constructing a section of the Varanasi-Ranchi-Kolkata Highway.
Key Highlights
- Subsidiary receives appointed date for ₹1,656 Cr HAM project.
- Project is a 6-lane Greenfield expressway in Jharkhand.
- Part of the Bharatmala Pariyojana initiative.
- Appointed date declared as July 6, 2026.
- Construction period is 730 days from the appointed date.
Price Impact
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