Mumbai, July 21 -- The company has been selected as transmission service provider for the establishment of the 400/220 kV Velgaon substation (GIS) through tariff based competitive bidding process.

The project is scheduled to be completed within 24 months, with an operation and maintenance period of 35 years.

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company undertaking specialized structural works such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The principal business operations are broadly divided into EPC projects and hybrid annuity model (HAM) projects.

The company's consolidated net profit declined 31.99% to Rs 74.10 crore even as ...