Ceigall India Subsidiary Secures Madhya Pradesh Highway Project Contract

Indian infrastructure company Ceigall India announced that its subsidiary, Ceigall Infra Projects, has received a Letter of Intent to construct the four-lane, access-controlled Indore-Ujjain highway in Madhya Pradesh. The highway project contract is valued at approximately Rs. 10.89 billion.

The highway project spans approximately 48.10 kilometers, including the Sindhasta bypass, and is scheduled for completion within 24 months from the formal award of the contract. The project will be executed under the Hybrid Annuity Model guidelines, aiming to enhance connectivity between Indore and Ujjain.

This highway project marks another venture for Ceigall India in the Indian infrastructure development market, aligning with the company's strategic focus on developing sustainable transportation corridors.