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PNC Infratech’s SPV inks concession agreement for HAM Project of MoRTH

27 Jun 2023 Evaluate

PNC Infratech’s Special Purpose Vehicle (SPV) -- Prayagraj Kaushambi Highway Package 3 has signed a concession agreement with Ministry of Road Transport & Highways (MoRTH) Government of India represented by Director General (Road Development) & Special Secretary, through Public Works Department, Uttar Pradesh represented by Chief Engineer (NH), PWD, Uttar Pradesh, for implementation of project ‘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 (HAM) (Package - III)’ on 26 June 2023. The bid project cost is Rs 819.00 crore. 

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 3871.90
Kalpataru Projects 1407.00
NCC 133.90
Rail Vikas Nigam 208.20
KEC International 396.60
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