MoneyWorks4Me

Ceigall bolsters roads & highways order book as its arm win Rs 1,089 crore LoA

29 Dec 2025 Evaluate

Ceigall India’s wholly owned subsidiary -- Ceigall Infra Projects has secured a Letter of Award (LoA) worth Rs 1,089 crore from Madhya Pradesh Road Development Corporation (MPRDC). The order is for the construction of the Indore-Ujjain Greenfield (Access Control) four-lane highway with paved shoulders, to be executed under the Hybrid Annuity Mode (HAM). The project involves development of a 48.10 km-long access-controlled greenfield highway, starting from Km 0.000 near Pitra Parvat and terminating at Km 48.100, including the Simhastha bypass (Km 2.600). The project is to be executed over a period of 24 months from the date of appointment.

This LOA further strengthens the company’s robust order book in the roads and highways segment and underscores its growing footprint in executing large-scale hybrid annuity projects for state road development authorities. The project aligns with the company’s long-term strategy of contributing to India’s infrastructure growth through sustainable, efficient and future-ready transportation corridors.

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.

Peers
Company Name CMP
Larsen & Toubro 3922.40
Kalpataru Projects 1441.00
NCC 136.85
Rail Vikas Nigam 210.30
KEC International 406.25
View more..