PNC Infratech has received Letters of Intent (LoI) from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) on July 19, 2018 for the two contiguous EPC packages of Lucknow - Ghazipur Six Lane Access Controlled Purvanchal Expressway Project in the state of Uttar Pradesh for an aggregate contract value of Rs 2520 crore.
The price bids for the above packages were opened on July 9, 2018, with the company's bids being the lowest (L1). Construction of each package is to be completed in 36 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.
