PNC Infratech has been declared the L1 (lowest) bidder for the project of four laning / two laning with paved shoulders from 0.00 km to 83.453 km of Dausa-Lalsot-Kauthun section of NH-11 A (Extension) in the state of Rajasthan under NHDP IV, on Hybrid Annuity Model for a bid project cost of Rs 881.00 crore.
In all, ten firms participated in the bidding and the price bids were opened on July 14, 2016, with PNC’s bid being the lowest (L1). This is the first hybrid annuity project won by the company. PNC through its various subsidiaries and associate companies has a portfolio of seven operational BOT/ OMT projects.
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.
