Key Event Details
National Highways Authority of India (NHAI) vide Letter No. JHDIV/8/2026-PIU Dhanbad/E-311657 dated July 7, 2026 informed Ceigall VRK 12 Private Limited (subsidiary of Ceigall India Limited) that July 6, 2026 has been declared as the Appointed Date for the project.
Project Specifications
- Project: Construction of 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway
- Location: From junction with NH-20 in Bongabar village to Junction with NH-320 in Lepo village from km 325.500 to km 358.500
- State: Jharkhand
- Mode: Hybrid Annuity Mode (HAM) [Package 12]
- Project Cost: ₹1,305.00 Crores
- Program: Bharatmala Pariyojana
Additional Project Details from Red Herring Prospectus (Page 225)
- Construction Period: 730 days from Appointed Date
- Length: 198.00 lane km (approximately)
- Operations & Maintenance Period: 15 years
- Date of Concession Agreement: July 7, 2023
- Date of Award: March 31, 2023
- Awarding Authority: NHAI
- Financing Arrangement:
- NHAI Contribution: ₹6,159.60 million
- Term Loan from State Bank of India: ₹6,312.90 million
- Contribution from promoters (Ceigall India Limited and Ceigall)
- Status: No delay reported
- Equity Infused: Yet to receive appointed date (as per prospectus)
Additional Information
The information has been placed on the company's website at www.ceigall.com.
#Tags: #CeigallIndia #NHAI #HighwayProject #SEBIRegulation30 #Infrastructure #Positive