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PNC Infratech’s arm commences toll operations on Kanpur-Kabrai section

04 Jun 2015 Evaluate

PNC Infratech’s wholly owned subsidiary - PNC Kanpur Highways, has commenced toll operations with effect from May 07, 2015 on the Kanpur-Kabrai section of National Highway - 86. The company was awarded the project for two-laning with paved shoulder from 7.430 km to 130.100 km in the state of Uttar Pradesh by NHAI on DBFOT basis.

The total project cost was Rs 458.5 crore, including a grant of Rs 123.0 crore. The concession period for the project is 12 years from the appointed date, including 18 months construction period. The stretch has two toll collection points at Aliayapur and Khanna at 43.500 km and 105.500 km respectively.

PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.



Peers
Company Name CMP
Larsen & Toubro 3882.30
Kalpataru Projects 1411.95
NCC 134.30
Rail Vikas Nigam 208.50
KEC International 397.15
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