New Launch23 Oct 2025, 09:47 am
Ceigall India Subsidiary Receives NHAI Confirmation for Financial Close of Ludhiana Bypass Project
AI Summary
Ceigall Southern Ludhiana Bypass Private Limited, a subsidiary of Ceigall India Ltd, has received a confirmation letter from the National Highways Authority of India (NHAI) on the noting of financial close for the development of a 6-lane Greenfield Southern Ludhiana Bypass. The project, which is part of the Ludhiana-Ajmer Economic Corridor, is to be completed on Hybrid Annuity Mode under NH(O) in the state of Punjab.
Key Highlights
- Ceigall Southern Ludhiana Bypass Private Limited, a subsidiary of Ceigall India Ltd, receives NHAI confirmation for financial close
- Project is development of 6-lane Greenfield Southern Ludhiana Bypass from NH-44 near Village Rajgarh to Delhi Katra Expressway (NE-5) near Village Ballowal
- Project is part of Ludhiana-Ajmer Economic Corridor
- To be completed on Hybrid Annuity Mode under NH(O) in the state of Punjab
- Financial close noted on 30-09-2025