PNC Infratech led two joint ventures (JV) have been declared the L1 (lowest) Bidders for two roads projects of National Highways Authority of India (NHAI) for an aggregate project cost of Rs 1,506.84 crore. The projects involve rehabilitation and augmentation of four laning of Koilwar - Bhojpur and Bhojpur - Buxar sections of NH-84 in the state of Bihar, under NHDP Phase III, to be executed on EPC basis.
In response to the bids invited by NHAI, three firms including the PNC Infratech-led JVs submitted their bids on July 21, 2015, for each project. The price bids of the two projects were opened on July 28, with the PNC-SPSCPL JV’s bids being the lowest in both for Rs 825.17 and Rs 681.67 crore, respectively.
PNC’s share in the JVs is 55% for Koilwar - Bhojpur package and 70% for the Bhojpur - Buxar package, with the balance being with S P Singla Constructions (SPSCPL).
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4117.35 |
| Rail Vikas Nigam | 293.65 |
| NCC | 160.50 |
| KEC International | 569.25 |
| Kalpataru Projects | 1205.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: