PNC Infratech secures funds for ₹2,052-cr road projects
PNC Infratech's wholly-owned subsidiary, PNC Bithur Kanpur Highways, has achieved financial closure for highway projects it won on hybrid annuity mode. The contract comprises the four-laning of Aligarh-Kanpur section of NH-91 in Uttar Pradesh with a project cost of ₹2052 crore. The construction period is 910 days and the concession period (including construction period) is 17.5 years. PNC Infratech is engaged in infrastructure development through the construction of highways including BOT (built, operate and transfer projects), airport runways, bridges, flyovers and power transmission projects among others.
📅Published on:
22 January 2021
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