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PNC Infratech bags new hybrid annuity highway project

09 Mar 2022 Evaluate

PNC Infratech has been declared the L1 (lowest) bidder for a NHAI Project of ‘Improvement and up-gradation of 54.429 km long to 4-lane with Paved Shoulders, from km 174.641 to 229.070 of NH-731 in Hardoi District of Uttar Pradesh (UP) on Hybrid Annuity Mode, for a bid project cost of Rs 864 crore. The project is to be constructed in 30 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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