MoneyWorks4Me

PNC Infratech emerges lowest bidder for project worth Rs 1,738.44 crore

25 May 2018 Evaluate

PNC Infratech has been declared the L1 (lowest) bidder for the 42.7 km long 4th package of Lucknow - Ghazipur Six Lane Access Controlled Purvanchal Expressway Project from Siddhi Ganeshpur to Sansarpur (District Sultanpur) in the state of Uttar Pradesh on EPC basis for a value of Rs 1,738.44 crore.

Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) is the Proponent for the 341 km long Green Field Expressway comprising eight individual packages. Construction of the project is to be completed in 30 months.

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.

Peers
Company Name CMP
Larsen & Toubro 3636.00
Kalpataru Projects 1400.95
NCC 125.45
Rail Vikas Nigam 196.75
KEC International 360.20
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