Ceigall India JV received Letter of Acceptance for ₹918.04 crore Jaipur Metro Phase-II EPC contract from Jaipur Metro Rail Corporation.
The 34-month project involves constructing 10.8 km elevated viaduct and 10 metro stations under EPC & Item Rate mode.
Ceigall holds 74% stake in the JV with SAM India Builtwell, strengthening its diversification into urban mobility infrastructure.
The contract is domestic, not a related party transaction, and excludes architectural finishing work on the stations.