Ceigall India secures Rs 923 crore contract from NHAI for southern Ludhiana Bypass
The project is a component of Punjab's Ludhiana-Ajmer Economic Corridor and was awarded under the Hybrid Annuity Mode (HAM).
Ceigall India secures Rs 923 crore contract from NHAI for southern Ludhiana Bypass
The National Highways Authority of India (NHAI) has granted Ceigall India Ltd, an infra stock, a Letter of Award (LOA) for constructing a six-lane greenfield southern Ludhiana bypass.
The filing states that Ceigall India Ltd has received a Letter of Award (LOA) dated 13th March 2025 from the National Highways Authority of India.
The project is a component of Punjab's Ludhiana-Ajmer Economic Corridor and was awarded under the Hybrid Annuity Mode (HAM). The contract calls for building a 25.24-kilometre section between the Delhi-Katra Motorway (NE 5) near Village Ballowal and NH44 near Village Rajgarh.
Shares of Ceigall India Ltd ended at Rs 242.85, lower by 1.04%.
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