PNC Infratech Limited has been declared the L1 (lowest) bidder for a NHAI Project of 60.22 km long Four Laning of Jagdishpur-Faizabad section of NH 330-A from km 47.800 to 108.020 in the state of Uttar Pradesh under Bharatmala Pariyojna to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1530.0 crore. Three firms participated in the bidding and the price bids were opened on Monday, February 10, 2020, with PNC’s bid being the lowest (L1).
The project is to be constructed in 24 months and operated for 15 years post construction. This is the eighth hybrid annuity highway project secured by the company so far.
PNC Infratech Limited is an Indian infrastructure construction, development and management company. The company has wide experience and proven expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities with an established track record of successful execution of projects across sectors and geographies.
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