Lands ₹603-cr NHAI Highway Project. Ceigall India's wholly-owned subsidiary CIPPL emerged as the lowest bidder for a ₹603 crore NHAI project, involving a 10.3 km six-lane highway in Punjab. The project has an 18-month construction and a 15-year operation and maintenance period under the hybrid annuity mode. This is CIPPL's second win in a week, with two Punjab Infrastructure Development Board tenders also awarded. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.