PNC Infratech has been declared the L1 (lowest) Bidder for the project of 4-laning of Varanasi-Gorakhpur section of NH-29 from km 12.000 to km 88.000 (Package II from Sandah to Birnon) in the state of Uttar Pradesh under NHDP Phase-IV. The contract amount for this NHAI project, to be executed on EPC basis, is Rs 868.5 crore. The price bids were opened on March 9, 2016 with PNC’s bid being declared the lowest (L1).
PNC’s total order intake during the current financial year now stands at over Rs 2,800 crore. The firm’s total order book, in terms of contracts pending execution, is now over Rs. 4,600 crore; this includes projects where the company is L1, but is yet to receive the letters of award (LoA).
PNC Infratech is one of the front ending Indian infrastructure construction, development and management companies in the country, with wide experience and proven expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities with an established track record of successful execution of projects across sectors and geographies.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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