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Ceigall India Limited has achieved financial closure for two Hybrid Annuity Model (HAM) projects, significantly ahead of the stipulated timeline. The projects are under two special purpose vehicles: Ceigall Northern Ayodhya Bypass Private Limited, with a project cost of Rs. 1199.30 crore for the construction of a 35.40 km northern bypass, and Ceigall Ayodhya Bypass Private Limited, costing Rs. 1299.20 crore for a 32.172 km southern bypass. The company completed this financial closure in just 83 days, well before the 150-day deadline set in their Concession Agreement with the National Highways Authority of India. This early closure could enhance Ceigall's operational momentum, suggesting a positive outlook for future project implementations.