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PNC Infratech, SPML Infra get LoA for new Rural Drinking Water Supply Projects on EPC mode

27 Jan 2022 Evaluate

PNC Infratech in Joint Venture with SPML Infra has received Letters of Award (LoA) for three new EPC Projects namely ‘Survey, Design, Preparation of DPR, Construction, Commissioning and O&M for 10 years of Rural Water Supply’ for a total village of 2475 in the districts of Uttar Pradesh from the State Water Supply & Sanitation Mission, Namami Gange & Rural Water Supply Department, Government of Uttar Pradesh.

Approximate aggregate value of the above three projects is Rs 2337 crore and, specific value will be known at the time of execution of agreements, after preparation and approval of Detailed Project Reports. Projects are to be constructed in 12 months upon signing of the agreements and operated for 10 years, post commissioning. The company’s (PNC Infratech) share in the JV is 90%.

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 3845.00
Kalpataru Projects 1386.05
NCC 133.50
Rail Vikas Nigam 207.00
KEC International 395.30
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