MoneyWorks4Me

PNC Infratech emerges as L1 bidder for highway project in UP

25 Feb 2022 Evaluate

PNC Infratech has been declared as L1 (lowest) bidder for a NHAI (National Highways Authority of India) Project of 32.98 km long, four laning of Mathura Bypass to Gaju Village section of NH 530B in the state of Uttar Pradesh, to be executed on hybrid annuity mode for a bid project cost of Rs 885 crore. The project is to be constructed in 24 months and operated for 15 years post construction.

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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