Ceigall India Gets ₹1,660 Crore Highway Certificate

Ceigall India Limited

has received a completion certificate for its ₹1,659.84 crore Delhi–Saharanpur Highway project in Uttar Pradesh, formally confirming completion of the highway works. The project was executed jointly with Gayatri Projects Limited for the National Highways Authority of India (NHAI). Project Details Project Cost: ₹1,659.84 crore Highway: NH-709B Stretch: Delhi–UP Border to Eastern Peripheral Expressway (EPE) Junction Length: 16.85 km Configuration: Six-lane, access-controlled highway Programme: Phase I of Bharatmala Pariyojana Highway Operations and Maintenance The completion certificate was dated October 12, 2026. The highway had previously been declared fit for operation from September 12, 2024. Ceigall India will also undertake operation and maintenance of the stretch at ₹2.88 crore per annum, plus escalation. What Does This Mean for Ceigall India? The certificate marks a contractual milestone for the company and adds to its track record in highway infrastructure development. Investors can monitor the company's ongoing project execution, maintenance revenue and fresh order inflows to assess its future business performance. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.