Key Event Details
National Highways Authority of India (NHAI) vide Letter No. JHDIV-20017/44/2026-PIU Hazaribagh/E-319275 dated 07-July-2026 has declared 06-July-2026 as the Appointed Date for the project undertaken by Ceigall VRK 11 Private Limited, a subsidiary of Ceigall India Limited.
Project Specifications
- Project Type: Construction of 6-lane Greenfield access control expressway
- Route: Varanasi-Ranchi-Kolkata Highway from Donoreshan village to junction with NH-20 in Bongabar village
- Section: From km 288.600 to km 325.500 (36.9 km length)
- Location: State of Jharkhand
- Scheme: Bharatmala Pariyojana
- Model: Hybrid Annuity Mode (HAM) [Package 11]
- Project Cost: ₹1,656.00 Crores
Project Timeline
- Concession Agreement Date: 20-July-2023
- Appointed Date: 06-July-2026
- Construction Period: 730 days from Appointed Date
- Operations & Maintenance Period: 15 years
- Date of Award: 31-March-2023
Financing Arrangement
- NHAI Contribution: ₹7,816.40 million
- Term Loan from State Bank of India: ₹8,389.50 million
- Equity Contribution from Promoters: Ceigall India Limited and Ceigall Infra (amount not specified)
- Total Bid Project Cost: ₹16,560.00 million
Subsidiary Information
- Subsidiary Name: Ceigall VRK 11 Private Limited
- Status: No delay reported
- Equity Infused: Yet to receive appointed date (as per table)
- Annuity Details: Not specified in the disclosure
Additional Information
The project formed part of ongoing projects under Hybrid Annuity Mode (HAM) Model and was referenced on Page No. 224 of the Red Herring Prospectus.
The information has been placed on the company website www.ceigall.com.