PNC Infratech has received Rs 33.73 crore towards the Bonus Annuity by one of its subsidiary companies namely PNC Raebareli Highways (Concessionaire) for early completion of two Laning with Paved Shoulders of 166.440 km long Raebareli to Jaunpur Section of NH-231 Project in the State of Uttar Pradesh under NHDP IV on BOT (Annuity) basis from National Highways Authority of India (NHAI) on May 8, 2018.
The completion certificate for the project has been issued with effect from February 27, 2016, which was 96 days ahead of the Scheduled Completion Date of June 2, 2016.
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.
