Ceigall India Share Price in Focus After Subsidiary Secures NHAI Tender for 4-Laning in Bihar

Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India Limited, has emerged as the L1 bidder in a significant tender by the National Highways Authority of India (NHAI). This project involves the construction of a 4-lane highway in Bihar, spanning a total length of 78.942 km. 

Details of the NHAI Tender Win 

The tender, identified by ID 2025_NHAI_242354_1, was awarded on January 21, 2026. Ceigall Infra Projects will undertake the construction of the Sahebganj-Areraj-Bettiah section of NH 139W. The project is divided into 2 sections: Sahebganj to Areraj (38.362 km) and Areraj to Bettiah (40.580 km). 

The project will be executed under the Hybrid Annuity Mode (HAM), a model that combines elements of the EPC (Engineering, Procurement, and Construction) and BOT (Build, Operate, Transfer) models. This approach allows for shared risk between the government and the private sector. 

Project Execution Timeline and Financials 

The construction period for this project is set at 730 days, followed by a 15-year operation and maintenance period. The total bid cost for the project is ₹2,160 crore, highlighting the scale and importance of this infrastructure development. 

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Ceigall India Share Price Performance 

As of January 22, 2026, at 9:56 AM, Ceigall India share price on NSE was trading at ₹273.20 up by 1.32% from the previous closing price. 

Conclusion 

Ceigall Infra Projects' successful bid for the NHAI tender underscores its capability in executing large-scale infrastructure projects. The ₹2,160 crore project will significantly contribute to the development of road infrastructure in Bihar, improving connectivity and economic growth in the region. 

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