Ceigall India has received an Arbitration Award in its favour from the Honourable Arbitral Tribunal. The award, amounting to Rs 6.61 crore along with future interest at 12% per annum effective from 9 October 2025, has been granted in connection with the company’s project for ‘Construction of Internal Roads, Estate Public Health Services & Campus Lighting at the Interim Airport Terminal, Halwara IAF Station, District Ludhiana (EPC Mode).’
In addition to the monetary award, the Punjab Public Works Department has also been directed to release a Bank Guarantee of Rs 80 lakh provided earlier by the company. The arbitration award is expected to have a positive financial impact on the company, further strengthening its position as a trusted EPC partner in India’s infrastructure development sector.
Ceigall India is an infrastructure construction company with experience in undertaking specialized structural works such as elevated roads, flyovers, bridges, Railway over bridges (ROB), tunnels, highways, expressways and runways.
