STOCKWATCH

Ceigall India's JV Secures $509.20 Crore LOA from GMADA for Mohali Township Development

Ceigall India Limited, one of India's fastest-growing EPC companies, announced that its joint venture with JSP Projects Pvt. Ltd. has received a Letter of Award (LOA) from the Greater Mohali Area Development Authority (GMADA) for a prestigious infrastructure development project. The contract, valued at $509.20 crore, covers the construction of internal roads and associated civil, public health, and electrical works in Pocket B, C & D of Aerotropolis, S.A.S Nagar in Mohali, Punjab. The project is to be executed within 24 months under an item-rate contract.

• Ceigall India's JV secures $509.20 crore LOA from GMADA for Mohali Township development project.
• The project involves constructing internal roads and associated works across Pockets B, C & D of Aerotropolis, S.A.S Nagar National.
• The project is to be executed within 24 months under an item-rate contract.
• The win highlights Ceigall India Limited’s growing presence in urban infrastructure development.
• The project strengthens Ceigall’s footprint in North India’s infrastructure landscape.