Mumbai, Dec. 29 -- The project involves development of a 48.10-km highway, including the Simhastha bypass, at a bid project cost of Rs 1,089 crore. The construction is scheduled to be completed within 24 months from the date of appointment.

Ceigall will undertake construction of the highway infrastructure in line with HAM guidelines, aimed at improving connectivity between Indore and Ujjain, easing traffic congestion and enabling safe, efficient and high-speed travel to key economic and religious centres in Madhya Pradesh.

This LOA further strengthens Ceigall's robust order book in the roads and highways segment and

underscores its growing footprint in executing large-scale hybrid annuity projects for state road

development authoritie...