MoneyWorks4Me

PNC Infratech emerges lowest bidder for airport runway project worth Rs 167.25 crore

10 Jun 2015 Evaluate

PNC Infratech was declared the L1 (lowest) Bidder for the project of resurfacing/strengthening of runway at Air Force Station, Kanpur for a total contract cost of Rs 167.25 crore. In response to the bids invited by Military Engineering Services, Government of India, three firms including PNC Infratech submitted their bids on June 01, 2015. The price bids were opened on Monday, June 8, with PNC’s bid being the lowest.

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 3636.00
Kalpataru Projects 1398.35
NCC 125.50
Rail Vikas Nigam 196.75
KEC International 360.20
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