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Infrastructure Developers & Operators, Small Cap

Ceigall India and Sushee Infra & Mining joint venture (JV) has emerged as the L1 bidder with bid cost of Rs 521 crore for the project consisting of construction of road from km 0.000 to km 78.38 of Sarli-Huri section of NH-913 (Frontier Highway) to Intermediate Lane on EPC mode in the State of Arunachal Pradesh. Ceigall India has a share of 74% in the JV.

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The project is awarded by Ministry of Road Transport and Highways. Under JV structure, Ceigall India holds 74% while SIML holds the remaining 20%.

The scope of contract includes construction of road from km 0.000 to km 78.38 of Sarli-Huri section of NH-913 (frontier highway) to Intermediate Lane on EPC mode in Arunachal Pradesh.

The project is valued at Rs 521 crore and is scheduled to be executed within a period of three years.

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company executes projects under EPC as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India.

On a consolidated basis, net profit of Ceigall India rose 1.24% to Rs 74.11 crore while net sales rose 19.34% to Rs 991.14 crore in Q3 December 2025 over Q3 December 2024.

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The company's wholly owned subsidiary, Ceigall Infra Projects, has received a Letter of Award from the National Highways Authority of India for a highway project in Bihar.

The project involves four-laning of the Sahebganj-Areraj-Bettiah section of NH-139W in Bihar, with a total length of 78.942 km. The stretch comprises Section 1 from Sahebganj to Areraj covering 38.362 km and Section 2 from Areraj to Bettiah covering 40.580 km.

The bid project cost is approximately Rs 2,160 crore, and the project will be executed under the Hybrid Annuity Mode (HAM). The construction period is 730 days, followed by a 15-year operation and maintenance period.

The company said the corridor is expected to improve regional connectivity in Bihar and support economic activity in the region.

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company executes projects under EPC as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India.

On a consolidated basis, net profit of Ceigall India rose 1.24% to Rs 74.11 crore while net sales rose 19.34% to Rs 991.14 crore in Q3 December 2025 over Q3 December 2024.

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Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India has received a Letter of Award (LOA) dated 11 February 2026 from the National Highways Authority of India (NHAI) for the construction of a four lane highway project in the state of Bihar under the Hybrid Annuity Mode (HAM).

The project involves the construction of four-laning of the Sahebganj-Areraj-Bettiah section of NH 139W, with a total length of 78.942 km, comprising Section 1: Sahebganj to Areraj (38.362 km) and Section 2: Areraj to Bettiah (40.580 km). The project has been awarded to Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India.

The bid project cost is approximately Rs 2,160 crore, and the project will be executed under the Hybrid Annuity Model. The construction period is 730 days, followed by a 15-year operation and maintenance (O&M) period.

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