PNC Infratech has been declared the L1 (lowest) bidder for the project of four laning of Nagina-Kashipur section of NH-74 from km 73.000 to Km 175.00 in the states of Uttarakhand and Uttar Pradesh under NHDP IV. The contract amount for this NHAI project, to be executed on EPC basis, is Rs 1155.70 crore.
The company’s total order intake during the financial year 2015-16 now stands at over Rs 3,900 crore, the highest ever in a financial year in the company's history. The firm’s total order book, in terms of contracts pending execution, has soared to an all-time high of over Rs 5,400 crore. The order book value takes into account the successful bid for Nagina-Kashipur stretch and another project of 4-laning of Varanasi-Gorakhpur section of NH-29 (Package II) for a bid price of Rs 868.5 crores - 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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