Published On:March 28 2023
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PNC Infratech bags a new Hybrid Annuity Highway Project of MORT&H for a Bid Project Cost of Rs. 819.0 Crore.

PNC Infratech bags a new Hybrid Annuity Highway Project of MORT&H for a Bid Project Cost of Rs. 819.0 Crore.

PNC Infratech Limited has been declared the L1 (Lowest) bidder for a Highway Project namely "Construction of 4-lane highway from Km 49.155 to Km 74.700 (Singraur Uphar to Baranpur Kadipur Ichauli) of NH-731A with paved shoulders (i/c Ganga Bridge) in the state of Uttar Pradesh on Hybrid Annuity Mode (Package-III)" from MORT&H with a Bid Project Cost of Rs. 819.0 crore, on March 27, 2023. Price bids were opened on Monday, March 27, 2023, with PNC's bid being the lowest (L1).

Project is to be constructed in 24 months and operated for 15 years, post construction.

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