News

Ceigall India Gets LoA for project worth Rs. 225 Cr in Himachal Pradesh

Ceigall India received a Letter of Award (LOA) from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the Rs. 225 crore development of the Bulk Drug Park at Una, Himachal Pradesh. The project involves formation cutting, construction of internal roads, storm water drains, a
bridge and fencing as part of PH-I of the development.

The order, awarded as an item-rate contract, has an execution period of 18 months. The project adds to Ceigall India’s growing portfolio of infrastructure projects across the country and further strengthens its presence in the development of critical infrastructure supporting India’s industrial and economic growth.

The development of the Bulk Drug Park is expected to create essential infrastructure for a strategically important industrial ecosystem, with the project scope encompassing road connectivity, drainage infrastructure, bridge construction and associated development works.

At 12.07 pm, Ceigall India was trading at Rs. 319.55, up by 2.03%, with a volume of 0.20 shares on the BSE.