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Ceigall India Secures $111 Million Contract for Ludhiana Bypass

2025-03-17

Infrastructure company Ceigall India Ltd has secured a significant contract from the National Highways Authority of India (NHAI) for the development of a six-lane greenfield southern Ludhiana bypass. The company received the Letter of Award (LOA) on March 13, 2025, according to a stock exchange filing.

The project, part of the Ludhiana-Ajmer Economic Corridor, involves developing a 25.24 km stretch from NH44 near Village Rajgarh to the Delhi-Katra Expressway (NE 5) near Village Ballowal.

Awarded under the Hybrid Annuity Mode (HAM), the project's estimated cost is approximately $104 million, while the bid project cost, as per the LOA, stands at around $128 million. Ceigall India secured the contract with a bid price of about $111 million, with a completion timeline of 24 months.

Interestingly, the same project was previously awarded to Ceigall India in June 2022 at a bid project cost of $84 million but was later revoked due to unavailability of the construction site.

The new award highlights Ceigall India's persistence in securing large-scale infrastructure projects despite previous setbacks.