New Launch10 Mar 2026, 07:01 pm
Exhicon Wins Bid for Convention & Exhibition Centre in Mohali, Punjab
AI Summary
Exhicon Events Media Solutions Ltd has been declared the Winning Bidder for the development of a Convention & Exhibition Centre in Mohali, Punjab, under a Build—Operate—Transfer (BOT) Public— Private Partnership (PPP) framework with the Government of Punjab. The project, estimated to cost X75/- crore, represents a significant strategic step for EXHICON, creating new growth opportunities and asset value for its shareholders. The total project investment is proposed to be reimbursed through incentives under the ‘Invest Punjab’ initiative, significantly strengthening the financial viability of the project. The first phase of the project is expected to be completed by October 2027.
Key Highlights
- Exhicon is the Winning Bidder for a Convention & Exhibition Centre in Mohali, Punjab
- The project is under a Build—Operate—Transfer (BOT) Public— Private Partnership (PPP) framework with the Government of Punjab
- The project is estimated to cost X75/- crore
- The total project investment is proposed to be reimbursed through incentives under the ‘Invest Punjab’ initiative
- The first phase of the project is expected to be completed by October 2027