Deals31 Jul 2026, 04:30 pm
PNC Infratech Wins ₹302.44 Cr Airport Project in Uttarakhand
AI Summary
PNC Infratech Ltd has received a Letter of Intent (LOI) from Airports Authority of India (AAI) for air and landside works at Pantnagar Airport, Uttarakhand. The EPC contract is valued at ₹302.44 Crore (excluding GST) and is to be completed within 24 months. The project involves detailed designing, engineering, procurement, and construction of a new domestic terminal building, parking, electrical sub-station, approach roads, ancillary structures, airport systems, and IT/security systems for cityside works. Airside works include runway extension and strengthening, apron, taxiways, and associated electrical and civil works for navigation aids and lighting systems.
Key Highlights
- Secured ₹302.44 Cr EPC contract for Pantnagar Airport development.
- Project includes both airside and landside works.
- Contract to be executed on Engineering, Construction, Procurement basis.
- Completion timeline set at 24 months.
- Awarded by Airports Authority of India, a domestic entity.
Price Impact
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