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PNC Infratech signs concession agreements with NHAI for Karnataka project

01 Jun 2022 Evaluate

PNC Infratech has signed concession agreements for construction of 6 Lane Access Controlled Greenfield Highway from km 26.000 to 97.000, from Badadal (MH/KN Border) to Maradgi S Andola of NH-150C (Package-II) Karnataka on Hybrid Annuity Mode, under Bharatmala Pariyojna with National Highways Authority of India (NHAI) for bid project cost of Rs 1575.0 crore on May 31, 2022. The above project is to be constructed in 30 months upon declaration of appointed date 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 3879.20
Kalpataru Projects 1394.65
NCC 133.45
Rail Vikas Nigam 206.80
KEC International 397.25
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