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Ceigall subsidiary gets green light for ₹981 crore highway project
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Ceigall Subsidiary Approved for ₹981 Crore Highway Development Project
Economy

Ceigall Subsidiary Approved for ₹981 Crore Highway Development Project

Economy Desk By Economy Desk October 1, 2025 2 Min Read
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Ceigall India’s subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway Private Limited, has received the appointed date from the National Highways Authority of India (NHAI) to initiate work on a ₹981 crore highway project, effective September 29, 2025.

The project entails the development of a 6-lane access-controlled greenfield highway segment of NH-754AD that links Ludhiana and Bathinda. This stretch covers a distance of 45.243 kilometers, commencing from the junction with Moga-Barnala Road near Tallewal village to the junction with the Delhi-Katra Expressway near Ballowal village in Ludhiana.

This highway forms a part of Package-2 of the Ludhiana-Ajmer Economic Corridor, which is included in the government’s Bharatmala Pariyojna Phase-I initiative. The project will be carried out under the Hybrid Annuity Model, with construction aimed for completion within 730 days, followed by a 15-year operational period.

Ramneek Sehgal, Chairman and Managing Director of Ceigall India, stated that the project will enhance travel convenience, improve logistics efficiency, and support regional development. He highlighted the company’s commitment to execution excellence.

This announcement follows Ceigall’s recent joint venture with JSPPPL, which obtained a ₹509.20 crore contract from GMADA for road development within the Aerotropolis township project in Mohali. These initiatives reinforce Ceigall’s standing in India’s infrastructure sector, particularly in connectivity and regional development efforts.

On the National Stock Exchange (NSE), shares of Ceigall India Limited closed at ₹262.75, down ₹0.48, or 0.18 percent.

Published on September 30, 2025.

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