MoneyWorks4Me

Ceigall India’s arm emerges as L1 bidder for two tenders worth Rs 207 crore

18 Mar 2026 Evaluate

Ceigall India’s wholly owned subsidiary -- Ceigall Infra projects (CIPPL) has emerged as the L1 bidder for two tenders by the Punjab Infrastructure Development Board on March 16, 2026. The aggregate total value of the tenders is around Rs 207 crore. 

The tender valued at around Rs 108 crore is for construction and development of the World Class Urban Street in Ludhiana on Hybrid Annuity Model Package 1. Besides, a tender valued at around Rs 99 crore is for construction and development of the World Class Urban Street in Ludhiana on Hybrid Annuity Model Package 3. Both tenders have a construction period of 8 months and maintenance period of 6 years. 

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 3906.50
Kalpataru Projects 1439.25
NCC 136.10
Rail Vikas Nigam 210.00
KEC International 403.20
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