Ceigall India bags Rs 225 Crore LOA for Bulk Drug Park in Himachal Pradesh
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Ceigall India has received a Letter of Award from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) worth Rs 225 crore (including GST) for developing the Bulk Drug Park at Una, Himachal Pradesh. Scope includes formation cutting, internal roads, storm water drains, a bridge and fencing under Phase I. It is a domestic item-rate contract with an 18-month execution timeline. The order is from a domestic entity, with no related party interest, and adds to its growing infrastructure portfolio across multiple states.
Adds Rs 225 crore to the order book, reinforces pan-India growth and supports revenue visibility over the next 18 months.