Delhi-based PNC Infratech Ltd has been declared the L1 (lowest) bidder for two hybrid annuity highway projects of National Highways Authority of India (NHAI) for an aggregate bid project cost (BPC) of Rs 2,720 crore.

According to a company filing, the first project includes four laning Jhansi-Khajuraho section of NH 75/76 (Package I) from km 0.00 to km 76.30 in the states of Uttar Pradesh and Madhya Pradesh under NHDP III for a bid project cost of Rs 1,410 crore.

The second project also includes four laning Jhansi-Khajuraho section of NH 75/76 (Package II) from km 76.30 to km 161.70 in the states of UP and MP under NHDP III for a bid project cost of Rs 1,310 crore.

“Upon securing of the above two projects, PNC Infratech has won total four hybrid annuity highway projects so far”, the company said. It was in last July, the company won its first hybrid annuity project

Incorporated in 1999, PNC Infratech Ltd is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.

The company has, till date, executed 59 major infrastructure projects and is currently working on 17 projects on EPC basis.

here is company details.

 

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