HomeMarket NewsStocks NewsCeigall India bags ₹298 crore EPC orders from Purvah Green Power in Andhra Pradesh
Shares of Ceigall India Ltd ended at ₹265.00, up by ₹1.60, or 0.61%, on the BSE.
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Infrastructure company Ceigall India Ltd on Tuesday (March 24) said it has received two engineering, procurement, and construction (EPC) work orders from Purvah Green Power Private Limited, totalling approximately ₹298 crore, for projects in Andhra Pradesh.
The first work order valued at ₹119.96 crore (inclusive of GST), covers supply, transportation, and erection, including civil work on a turnkey basis for a 220 kV transmission line, along with Right of Way and statutory approvals.
The second Work Order worth ₹177.93 crore (inclusive of GST), pertains to construction works for the balance of plant for a 300.3 MW hybrid wind power project in Ralla, Andhra Pradesh. This includes 91 wind turbine generators, foundations, access roads, pathways, and testing of WTG foundations.
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Both orders are to be executed over a 10-month construction period. The contracts were awarded by a domestic entity, and there is no interest from promoters, promoter group, or related companies. The orders are not considered related-party transactions.
Last week, Ceigall India said its wholly-owned subsidiary, Ceigall Infra Projects Pvt Ltd (CIPPL), has emerged as the lowest (L1) bidder for a National Highways Authority of India (NHAI) project worth ₹603 crore. The development follows the opening of financial bids for the tender dated March 20, 2026.
The project involves the construction of a six-lane access-controlled spur connectivity from the Ambala–Chandigarh section of NH-205A to the Zirakpur Bypass in Punjab, spanning a total length of 10.3 km. The contract will be executed under the hybrid annuity mode (HAM), a widely used model for highway development projects in India.
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The company said the project has an 18-month construction timeline, followed by a 15-year operation and maintenance period. The order win is expected to strengthen Ceigall India’s order book and further bolster its presence in the road infrastructure segment, stated the exchange filing.
Shares of Ceigall India Ltd ended at ₹265.00, up by ₹1.60, or 0.61%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
