PNC Infratech emerges L1 bidder for ₹4,384 cr road projects

PNC Infratech has been declared as the lowest bidder for the three new Hybrid Annuity Modelled national highway projects of NHAI for an aggregate bid project cost of ₹4,384.0 crore.

The project includes the construction of six lanes upgradable to eight lanes of Package I of Kanpur-Lucknow Expressway in Uttar Pradesh on Hybrid Annuity Model under Bharatmala Pariyojana (length: 17.15 km).

Package-II involves the construction of six lanes upgradable to eight lanes of Kanpur Lucknow Expressway in UP on HAM model under Bharatmala Pariyojana (length: 45.24 km).

The company also emerged as the lowest bidder for four laning of Sonauli-Gorakhpur section of NH-29E in UP for a length of 79.54 km. The project cost is ₹1,458 crore and is to be completed in 24 months.