MoneyWorks4Me

PNC Infratech emerges lowest bidder for Aligarh-Moradabad Highway Project

04 Nov 2015 Evaluate

PNC Infratech has been declared as the L1 (lowest) Bidder for the project of improvement/augmentation of 146.4 km long Aligarh-Moradabad section of NH-93 to two lanes with paved shoulders, in the state of Uttar Pradesh, under NHDP Phase- IV. The NHAI project to be executed on EPC basis, has a total contract cost of Rs 644.5 crore. The price bids were opened on November 3, 2015 with PNC’s bid being declared the lowest.

PNC has an order intake of Rs 1,743.0 crore in the current year and the firm’s order book in terms of contracts pending execution has crossed Rs  4,000 crore; this includes projects where the company is L1, but is yet to receive the letters of award (LoA).

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 3871.80
Kalpataru Projects 1406.50
NCC 133.90
Rail Vikas Nigam 208.20
KEC International 397.90
View more..