PNC Infratech has been declared the L1 (lowest) bidder for a National Highways Authority of India (NHAI) project of 55.7 km length for long four laning of Challakere to Hariyur section of NH 150 A, from km 358.50 to 414.205 in the state of Karnataka under Bharatmala Pariyojna to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs 1,157 crore.
The project is to be constructed in 24 months and operated for 15 years post construction. This is the seventh Hybrid Annuity highway project secured by the company so far.
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.
