India, Dec. 29 -- Ceigall India Limited announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited, has received a Letter of Award (LOA) from Madhya Pradesh Road Development Corporation Limited (MPRDC) for the construction of the Indore–Ujjain Greenfield (Access-Controlled) four-lane highway with paved shoulders under the Hybrid Annuity Mode (HAM).
The project entails the development of a 48.10 km access-controlled greenfield highway, commencing from Km 0.000 near Pitra Parvat and terminating at Km 48.100, including the Simhastha bypass (Km 2.600). The project has been awarded at a Bid Project Cost of ?1,089 crore and is scheduled to be executed over 24 months from the date of appointment.
Under the scope of ...