PNC Infratech has been declared as the L1 (lowest) bidder for a NHAI project of 45 km four laning of Aligarh-Kanpur section from km 195.733 to km 240.897 (Package II from Bhadwas to Kalyanpur) of NH - 91 in the state of Uttar Pradesh under NHDP Phase-IV to be executed on Hybrid Annuity Mode (HAM) for a Bid Project Cost (BPC) of Rs 1,197.0 crore, having a construction period of 2 years and operation period of 15 years. Four firms participated in the bidding and the price bids were opened on March 16, 2018, with PNC's bid being the lowest.
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.