Key Quantitative Figures
- Total project value: ₹4,050 crore across three projects
- Ceigall VRK 11 Private Limited (Varanasi-Ranchi-Kolkata Highway Package 11): ₹1,656 crore
- Ceigall VRK 12 Private Limited (Varanasi-Ranchi-Kolkata Highway Package 12): ₹1,305 crore
- Ceigall Indore Ujjain Greenfield Highway Limited: ₹1,089 crore
Parties Involved
- Ceigall India Limited (parent company)
- Project SPVs: Ceigall Indore Ujjain Greenfield Highway Limited, Ceigall VRK 11 Private Limited, Ceigall VRK 12 Private Limited
- Stock exchanges: BSE Limited and National Stock Exchange of India Limited
- Project authorities (declaring Appointed Date)
Project Details
Varanasi-Ranchi-Kolkata Greenfield Highway (Package 11)
- Six-lane access-controlled Greenfield highway
- Location: From Donoreshan village to Bongabar village in Jharkhand
- Project mode: Hybrid Annuity Mode (HAM)
- Part of Bharatmala Pariyojana
Varanasi-Ranchi-Kolkata Greenfield Highway (Package 12)
- Six-lane Greenfield highway
- Location: From Bongabar village to Lepo village in Jharkhand
- Project mode: Hybrid Annuity Mode (HAM)
- Part of Bharatmala Pariyojana
Indore-Ujjain Greenfield Highway
- Four-lane access-controlled Greenfield highway
- Location: Connecting Indore and Ujjain in Madhya Pradesh
- Project mode: Hybrid Annuity Mode (HAM)
Operational Impact
The declaration of Appointed Date enables commencement of construction activities across all three projects. This milestone strengthens the company's execution pipeline and provides visibility for sustained growth.
Management Commentary
Mr. Ramneek Sehgal, Chairman & Managing Director, stated that this development reinforces confidence in Ceigall India's execution capabilities and strengthens the order book. The company remains committed to timely execution, engineering excellence, and contributing to India's vision of Viksit Bharat by 2047.
Additional Information
The press release has been placed on the company website at www.ceigall.com