MoneyWorks4Me

PNC Infratech declared as lowest bidder for HORC Project

28 Feb 2023 Evaluate

PNC Infratech has been declared the L1 (lowest) bidder for a project of ‘Design and Construction of Civil Works (Earthwork, Bridges, Station Buildings, Retaining Walls and other miscellaneous Works) from km 29.68 to 49.70 and from km 55.60 to 61.50 and its connectivity to Indian Railways network from New Patli to Patli Station and New Patli to Sultanpur Station including modifications/civil works at Sultanpur Station in connection with laying of New BG Double Railway Line of HORC Project’ of Haryana Orbital Rail Corporation (HORC) (Authority) for a quoted price of Rs 771.46 crore.

The price bids were opened on February 28, 2023, with PNC’s bid being the L1. The Project is to be constructed in 30 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.

Peers
Company Name CMP
Larsen & Toubro 3858.10
Kalpataru Projects 1386.20
NCC 133.20
Rail Vikas Nigam 206.35
KEC International 395.35
View more..