PNC infratech gets a new hybrid annuity highway project of Rs 885 crore

PNC Infratech Limited has been declared the L1 (lowest) bidder for an NHAI project to four-lane the Mathura Bypass to Gaju Village stretch of NH 530B in the state of Uttar Pradesh, with a Bid Project 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.

PNC Infratech Limited (PNCIL) and its subsidiaries is engaged in India’s infrastructure development through the construction of highways including BOT (built, operate and transfer projects), airport runways, bridges, flyovers and power transmission projects among others.

 

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