Business Update1 Jun 2026, 04:19 pm
PNC Infratech Bags ₹194.4 Cr Flyover Project in Lucknow
AI Summary
PNC Infratech Ltd. has received a Letter of Acceptance (LOA) from Lucknow Development Authority, Uttar Pradesh, for the construction of a 4-lane flyover with loops and ramps at Shaheed Path Intersection, RHS bank of Gomti River, Lucknow. The project is on an EPC basis and is valued at ₹194.40 Crore, exclusive of GST. The completion period is 24 months. The LOA was received on June 1, 2026.
Key Highlights
- PNC Infratech secures ₹194.40 Crore EPC project from Lucknow Development Authority.
- The project involves constructing a 4-lane flyover in Lucknow with a 24-month completion period.
- The contract value excludes GST.
- Letter of Acceptance received on June 1, 2026.
Price Impact
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