CEIGALL INDIA SIGNS NHAI CONCESSION AGREEMENT 🛣️

• 📝 SPV Ceigall Ambala Chandigarh Zirakpur Ltd has executed the concession agreement with NHAI on June 9, 2026 • 🛣️ Project involves construction of a 6-lane access-controlled spur connectivity from NH-205A (Ambala-Chandigarh section) to Zirakpur Bypass • 📏 Total project length: 10.3 km in Punjab • 💰 Estimated project cost: ₹603 Crore (excluding GST) • 🔄 Project to be executed under Hybrid Annuity Mode (HAM) • ⏳ Construction period: 18 months • 🏗️ Includes 15-year operation & maintenance period 🟢 Impact: Positive (Strengthens order book visibility and reinforces Ceigall's position in the highway infrastructure sector.)

CEIGALL INDIA LIMITED

← Back to feed