Project Update21 Apr 2026, 06:41 pm
PNC Infratech bags ₹3483 Cr highway projects in Uttar Pradesh
AI Summary
PNC Infratech Ltd has secured two new highway construction projects in Uttar Pradesh, operating on a Hybrid Annuity Mode (HAM). The aggregate bid project cost for these two projects is ₹3483 crore, excluding GST. Each project involves the construction of a 4-lane highway on NH-927. The company is required to execute each project within a period of twenty-four months. The company also confirmed no promoter or related party interest in the awarding entity and that the transactions are not related party transactions.
Key Highlights
- Secured two 4-lane highway projects in Uttar Pradesh.
- Total project cost is ₹3483 crore, excluding GST.
- Projects to be executed on Hybrid Annuity Mode (HAM).
- Each project has a 24-month completion timeline.
- No related party transactions or promoter interest involved.