PNC Infratech has been declared the L1 (lowest) bidder for NHAI project of 'Construction of 31.7 km long Four Lane Bypass connecting NH-56 at km 17.400 and terminating near Behta Village Road under NHDP Phase-VII on EPC mode' namely 'Lucknow Ring Road Package I' for a quoted price of Rs. 1062.0 crore.