Business Update12 May 2026, 07:41 pm
PNC Infratech Receives ₹234.99 Cr Settlement for Agra Bypass Project
AI Summary
PNC Infratech Limited has executed a Settlement Agreement with the National Highways Authority of India (NHAI) for ₹234,99,03,465 under the Vivad-se-Vishwas III (Contractual Disputes) Scheme. The settlement pertains to the 'Agra Bypass Project' and is expected to be received by the Company from NHAI.
Key Highlights
- PNC Infratech settles dispute with NHAI for Agra Bypass Project.
- Settlement amount is ₹234.99 Cr under Vivad-se-Vishwas III Scheme.
- The settlement agreement was executed on May 12, 2026.
- The amount is expected to be received from NHAI.