Ceigall India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ceigall India Limited, through its joint venture CIL-SAM India JV (Ceigall holding 74% stake), has received a Letter of Acceptance from Jaipur Metro Rail Corporation Ltd for the design and construction of a 10.8 km elevated viaduct and 10 elevated metro stations under Jaipur Metro Phase-II. The total bid cost of the project is ₹918.04 crore (inclusive of 18% GST) and will be executed over 34 months. The ten stations span from Prahladpura to Pinjrapole Gaushala. This is a domestic government order that strengthens Ceigall's order book and marks the company's expansion into urban mobility and metro rail infrastructure beyond its traditional highways and roads focus.
This ₹918 crore metro construction contract is a significant win for Ceigall, reinforcing its infrastructure order book and demonstrating its capability in urban transit projects. The order provides revenue visibility over the next 34 months and supports the company's diversification strategy into metro rail infrastructure.