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PNC Infratech bags Airport Runway contract worth Rs 140.60 crore in Uttar Pradesh

11 May 2016 Evaluate

PNC Infratech was declared as the L1 (lowest) Bidder for the project of extension and resurfacing of runway at Air Force Station, Bakshi Ka Talab, near Lucknow. The bid amount for this project of Military Engineering Services, Government of India, is Rs 140.60 crore.

The price bids were opened on May 10, 2016 with PNC’s bid being declared the lowest (L1). This is the second EPC contract won by the company in the current financial year, having last month won a Rs 120 crore bid for up-gradation of a PWD road in Aligarh, Uttar Pradesh.

PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways etc.  


Peers
Company Name CMP
Larsen & Toubro 3857.45
Kalpataru Projects 1392.25
NCC 133.20
Rail Vikas Nigam 206.55
KEC International 394.80
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