EPC Company Secures Orders Worth Over Rs 2,000 Crore in a Single Day

Ceigall India Ltd, jointly with Sushee Infra & Mining Ltd, won four EPC road projects on March 11, 2026, with a combined bid of Rs 2,149.62 crore.

On March 11, 2026, Ceigall India Ltd, jointly with Sushee Infra & Mining Ltd (CIL - 74% and SIML - 26% shareholding in the JV), emerged as the L1 bidder in the financial bid opening for Tender ID: 2025_MoRTH_868241_1 issued by the Ministry of Road Transport and Highways.

The contract involves the Construction of the road from km 0.000 to km 55.725 of the Huri-Taliha section of NH-913 (Frontier Highway) to Intermediate Lane on EPC mode in the state of Arunachal Pradesh. The project is scheduled to be executed over a period of 3 years (36 months), with a bid value of Rs 521 crores.

Adding to this, on March 12, 2026, the company announced that, in a joint venture with Sushee Infra & Mining Limited (SIML) (CIL - 74% and SIML - 26% shareholding), has emerged as the L1 bidder for three additional tenders issued by the Ministry of Road Transport and Highways (MoRTH). This was on the same day i.e. on March 11, 2026, taking the count to a total of 4 projects with a total bid cost of Rs 2,149.62 crore.

Details of the three additional projects -

1. Sarli-Huri Section of NH-913

• Tender ID: 2025_MoRTH_868225_1
• Scope: Construction from km 0.000 to km 78.38 to Intermediate Lane on EPC mode in Arunachal Pradesh
• Execution & Maintenance: 36-month construction period with a 5-year maintenance period
• Bid Value: Rs 611.10 crore

2. Huri-Taliha Section of NH-913 (Phase II)

• Tender ID: 2025_MoRTH_868246_1
• Scope: Construction from km 55.725 to km 113.25 to Intermediate Lane on EPC mode in Arunachal Pradesh
• Execution & Maintenance: 48-month construction period with a 5-year maintenance period
• Bid Value: Rs 525.00 crore

3. Huri-Taliha Section of NH-913 (Phase III)

• Tender ID: 2025_MoRTH_868268_1
• Scope: Construction from km 160.75 to km 209.90 to Intermediate Lane on EPC mode in Arunachal Pradesh
• Execution & Maintenance: 36-month construction period with a 5-year maintenance period
• Bid Value: Rs 492.52 crore

Ceigall India Ltd Share Price Performance

As of March 12, 2026, at 14:39:51 IST, Ceigall India Ltd’s share price was trading at Rs 272.20. The share price declined by Rs 5.10, representing a 1.84 per cent drop compared to its previous closing price.

In the current trading session, the stock opened at Rs 277.30, which was also the previous day’s closing price. During the day, it touched an intra-day high of Rs 280.20, while the lowest level recorded was Rs 262.60.

The company’s year-to-date (YTD) return stands at 0.18 per cent, while its one-year gain stands at 10.92 per cent.

About Ceigall India Ltd

Founded in 2002, Ceigall India Ltd is an infrastructure construction company specialising in complex structural projects such as elevated roads, flyovers, bridges, and Railway overpasses. The company also undertakes the development of highways, expressways, tunnels, and airport runways across India.

Disclaimer: The article is for informational purposes only and not investment advice.