Ceigall India-Sushee Infra Mining joint venture receives four orders worth Rs 2,150 cr

New Delhi: Ceigall India jointly with Sushee Infra Mining, has received Letters of Acceptance (LoAs) for four orders worth Rs 2,149.62 crore from the Ministry of Road Transport & Highways for the construction of multiple road packages on NH-913 in Arunachal Pradesh.

In the CIL-SIML joint venture, Ceigall India holds 74 per cent stake and Sushee Infra Mining's holding was at 26 per cent, a company statement said.

The contracts have been awarded on an Engineering, Procurement and Construction (EPC) basis. The four projects have an aggregate bid cost of Rs 2,149.62 crore.


Read more: Hindustan Copper plans capital investment of over Rs 7,000 cr over next 5-6 yrs

The four packages involve the construction and development of Intermediate Lane roads across key sections of NH-913 (Frontier Highway) in Arunachal Pradesh.

The projects include construction of the road from 0.000 km (starting point) to 55.725 km of the Huri-Taliha section, with a bid cost of Rs 521 crore.

The contracts also include construction of the road from 0.000 km (starting point) to 78.38 km of the Sarli-Huri section, with a bid cost of Rs 611.10 crore as well as construction of the road from 55.725 km to 113.25 km of the Huri-Taliha section, with a bid cost of Rs 525 crore.

Read more: Paper industry's 'measured improvement' masks subdued demand and reliance on cost cuts, experts warn

The JV firm will also construct the road from 160.75 km to 209.90 km of the Huri-Taliha section, with a bid cost of Rs 492.52 crore.

"These projects further strengthen our presence in India's strategic road infrastructure development and reflect our capabilities in executing large and complex projects across challenging geographies," Ramneek Sehgal, Chairman & Managing Director, Ceigall India said in the statement.