MoneyWorks4Me

PNC Infratech emerges as L1 bidder for highway project in Bihar

14 Mar 2023 Evaluate

PNC Infratech has been declared the L1 (Lowest) bidder for a Highway Project namely ‘Construction of 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Pachmon village to Anarbansalea village (from km 116+000 to km 151+200; Length = 35.2 km), ‘Package 6’ under Bharatmala Pariyojana in the state of Bihar on Hybrid Annuity Mode’ from NHAI with a Bid Project Cost of Rs 1260 crore, on March 14, 2023. Price bids were opened on Tuesday, March 14, 2023, with PNC’s bid being the lowest (L1). 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 3636.00
Kalpataru Projects 1400.95
NCC 125.45
Rail Vikas Nigam 196.75
KEC International 360.20
View more..