Ceigall India

The asset evacuates power from 14 GW of Gujarat renewable zones, takes 36 months to build, and then pays Ceigall 608.67 crore rupees of annual transmission charges for 35 years.

L1 is the lowest bid, not an award. The letter of award is the event that books the order, and the gap between the two routinely runs several weeks. Until then the number sits outside the order book.

It holds 74 percent of the JV with Sushee Infra, so roughly Rs 521 crore actually reaches Ceigall.

The work is taken through a joint venture with Sushee Infra and Mining in which Ceigall holds 74 percent. Execution period is 48 months. Frontier highway work carries a longer build window and thinner competition than plains contracts.

Ceigall was declared L1 on this tender in August 2025, so the award closes a twelve-month gap between bid and contract. Scope covers formation cutting, internal roads, storm water drains, a bridge and fencing, over an 18-month execution period. It is the third Ceigall award this week, after the two Arunachal Pradesh NH-913 packages.

Held through a 70:30 JV with Rajinder Infrastructure, so Ceigall's own share is about Rs 192 crore, the fifth Frontier Highway award in two days.

Ceigall holds 74 percent of the joint venture, so its own share of the award is about Rs 1,591 crore, not the headline figure.

An L1 position typically precedes a formal award, adding to the road builder's order pipeline; the value will be confirmed on the letter of award.

Separately, its subsidiary signed a 220 MW solar-plus-storage PPA at Morena, Madhya Pradesh. The two moves push the roads EPC player into clean energy. It is build-and-operate, not just construction.