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PNC Infratech emerges as L1 bidder for Uttar Pradesh project

28 Mar 2023 Evaluate

PNC Infratech has been declared the L1 (Lowest) bidder for a Highway Project namely ‘Construction of 4-lane highway from Km 49.155 to Km 74.700 (Singraur Uphar to Baranpur Kadipur Ichauli) of NH-731A with paved shoulders (i/c Ganga Bridge) in the state of Uttar Pradesh on Hybrid Annuity Mode (Package-III)’ from MORT&H with a bid project cost of Rs 819.0 crore, on March 27, 2023. Price bids were opened on March 27, 2023, with PNC’s bid being the lowest. 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 3871.20
Kalpataru Projects 1400.50
NCC 133.90
Rail Vikas Nigam 207.70
KEC International 396.70
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