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PNC Infratech receives financial closure for Chitradurga - Davanagere section

13 Dec 2017 Evaluate

PNC Infratech has received letter from National Highways Authority of India (NHAI) regarding the achievement of Financial Closure on November 07, 2017 for the project of Six-Laning of Chitradurga - Davanagere including Chitradurga bypass (km 189+000 to km 260+000) (Design Chainage Km 0+000 to Km 20+700 & Km 208+000 to Km 260+000) of NH-48 (Old NH-4) in the state of Karnataka to be executed on Hybrid Annuity Mode under NHDP Phase-V. This project is being implemented by PNC Chitradurga Highways, a Special Purpose Vehicle incorporated by the company.

With the achievement of Financial Closure for the above project, the company has achieved financial closures for all the four hybrid annuity highway projects before the scheduled time, awarded to the company till date for which the concession agreements have been executed. 

PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.


PNC Infratech Share Price

201.85 4.55 (2.31%)
16-Apr-2026 16:59 View Price Chart
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