PNC Infratech’s associate company - Ghaziabad Aligarh Expressway (GAEPL) has commenced toll operations with effect from June 24, 2015 on the Ghaziabad-Aligarh section of National Highway - 91. PNC Infratech holds 35% equity in GAEPL, the balance being with Srei Infrastructure Finance and its associates and Galfar Engineering & Contracting SAOG and its associate.
GAEPL was awarded the project of four laning of Ghaziabad - Aligarh section of NH-91 from Km. 23.600 to Km. 149.900 in the State of Uttar Pradesh, under NHDP Phase-III by NHAI, on BOT basis. The total project cost was Rs 2,019 crore including a grant of Rs 311 crore. The concession period for the project is 24 years from the appointed date, including construction period of 30 months. The toll-able section has two toll collection points at Luharali and Somna located at Km. 47.500 and Km. 113.300, respectively. PNC Infratech was also the EPC contractor for the project.
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.
