PNC Infratech has been declared the L1 (lowest) bidder for an NHAI project involving the four-laning of the Mathura Bypass to Gaju Village portion of NH 530B in Uttar Pradesh, to be completed on Hybrid Annuity Mode at a cost of Rs. 885.0 crore.
On Friday, February 25, 2022, the price bids were opened, with PNC’s bid being the lowest (L1).
The project will be built in 24 months and will be operational for 15 years after that.
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