Cegiall India shares in spotlight on bagging two orders aggregating to ₹298 crore in Andhra Pradesh

Both the engineering procurement and construction (EPC) work orders received by the company on March 23 have a 10-month construction period, it said in a regulatory filing on Tuesday.

The first order, worth ₹119.96 crore (including GST), comprises the supply, transportation and erection, including civil work on a turnkey basis for a 220 kV transmission line. It also includes the right-of-way and statutory approvals.

Furthermore, the second project, valued at ₹177.93 crore (including GST), involves the construction of a balance of plant for the 300.3 MW hybrid (wind) power project in Ralla A.P (Project).

It also comprises 91 wind turbine generators (WTGs), including construction, completion, and testing of WTG foundations and the access roads and pathways.

In a separate regulatory filing dated March 20, the company said that it emerged as the lowest (L1) bidder in the financial bid for a tender raised by the National Highways Authority of India (NHAI) for a project in Punjab.

Under the project worth ₹603 crore, Ceigall will be involved in the construction of a 6-lane access-controlled Spur connectivity starting from “Ch. 15+100 of Ambala – Chandigarh section of NH205A and terminating at Ch. 2+500 of Zirakpur Bypass (Total length 10.300 Km) under NH(O) in the state of Punjab on Hybrid Annuity Mode.”

The firm said that the order has an 18-month construction period and a 15-year operation and maintenance period.

Shares of Ceigall closed 0.70% higher at ₹265.20 per unit on the National Stock Exchange (NSE) on Tuesday. However, the announcement was made after the market closed.

The stock has lost 4% in the last week and 7% over the month. On a year-to-date basis, it has fallen about 2%.

Ceigall India has a total market capitalisation of ₹4,659.98 crore, as of March 24, 2026, according to data on the NSE.