PNC Infratech has been declared the L1 (lowest) Bidder for two hybrid annuity highway projects of NHAI for an aggregate Bid Project Cost (BPC) of Rs 2720 crore. The first project entails Four laning Jhansi-Khajuraho section of NH 75176 (Package l) from km 0.00 to km 76.30 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs 1410.0 crore. Five firms participated in the bidding and the price bids were opened on March 23, 2017, with PNC'S bid being the lowest (L1).
Furthermore, the other project entails Four laning Jhansi-Khajuraho section of NH '751'16 (Package II) from km 76 30 to km 161.70 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs 1310 crore. Six firms participated in the bidding and the price bids were opened on March 23, 2017, with PNC's bid being the lowest (L1).
