Ceigall India Limited has received the Completion Certificate from the Authority's Engineer for a key stretch of the Delhi–Saharanpur Highway project in Uttar Pradesh. The certificate was issued on October 12, 2026, and represents a key contractual milestone that formally certifies the completion of all highway works.
Project Details
The project involves the development of a 16.85-km six-lane, access-controlled section of National Highway 709B from the Delhi/UP Border to the Eastern Peripheral Expressway (EPE) Junction (Chainage 14.750 km to 31.600 km). The project was executed jointly with Gayatri Projects Limited for the National Highways Authority of India (NHAI).
Financial Details
The revised estimated project cost is ₹1,659.84 crore. The project forms part of the Economic Corridor under Phase I of Bharatmala Pariyojana, the Government of India's flagship highway connectivity program.
Timeline and Operational Status
The project was awarded on April 16, 2022, with an original scheduled completion date of November 7, 2023. The completion date was subsequently extended to August 15, 2024. The Authority's Engineer declared the highway fit for entry into operation with effect from September 12, 2024, within the 30-day cure period following the extended completion date.
Operation & Maintenance Commitment
Ceigall India will undertake Operation & Maintenance of the highway stretch at a cost of ₹2.88 crore per annum, plus escalation.
Management Commentary
Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, commented that the completion certificate represents an important milestone for the company. He noted that access-controlled corridors are critical to regional connectivity and faster movement of people and goods into the National Capital Region. The project adds to the company's track record of delivering large and complex highway works.
Company Background
Ceigall India Limited is an infrastructure developer with over 24 years of EPC expertise, incorporated in 2002 and listed on NSE and BSE in 2024. The company builds highways, expressways, elevated corridors, flyovers, bridges, railway overbridges, tunnels, metro stations and runways, executing projects under EPC and Hybrid Annuity Model (HAM) formats across 13 states. The company has diversified into renewable energy and power transmission, and holds long-term and short-term credit ratings of IND AA-/A1+ from India Ratings.