Ceigall India is Lowest Bidder for 25-km Southern Ludhiana Bypass

New Delhi, January 26, 2025: Ceigall India has emerged as the lowest bidder for the development of a 25.24 km, six-lane greenfield southern Ludhiana Bypass, starting near Rajgarh village to the Delhi-Katra Expressway (NE-5) near Ballowal village. The project, a vital component of the Ludhiana-Ajmer Economic Corridor, will be executed under the hybrid annuity model in Punjab.

Ceigall India’s winning bid for the National Highways Authority of India (NHAI) is ₹923 crore. Notably, this project was previously awarded to Ceigall India in June 2022 for a bid of ₹702 crore but was amicably revoked due to the unavailability of the construction site.

“This project is a testament to our expertise and resilience in the infrastructure sector,” said Ramneek Sehgal, Managing Director Ceigall India. “We are committed to delivering high-quality infrastructure that enhances connectivity and economic growth.”

Sehgal added, “We informed our investors that we anticipate securing contracts totaling approximately ₹5,000 crore by the end of the financial year on March 31, 2025. Currently, we have contracts worth around ₹3,700 crore, and with this latest tender, we have surpassed ₹4,600 crore. We remain confident that by March 2025, we will exceed ₹5,000 crore in tenders. Additionally, we have already submitted tenders worth ₹15,000 crore, which are expected to be opened soon.”

Last month, Ceigall India announced that its subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway, had executed a concession agreement with NHAI to develop a highway in Punjab, valued at ₹981 crore.