Commissions project and receives completion certificate on 22 March 2016
PNC Raebareli Highways, a wholly owned subsidiary of PNC Infratech, has successfully commissioned the project of two-laning of Raebareli-Jaunpur Section of NH-231more than 3 months ahead of schedule. PNC was awarded the project for two-laning with paved shoulders from Km 0.000 to Km 166.400 of the Raebareli to Jaunpur Section of NH-231 in the State of Uttar Pradesh under NHDP IV on BOT (Annuity) basis. The total project cost was Rs. 837.40 crore and the concession period is 17 years from the appointed date including construction period of 2 years. The project has been completed on 27 February 2016, more than 3 months prior to the scheduled completion date of 2 June 2016. PNC received the completion certificate to this effect, on 22 March 2016.Powered by Capital Market - Live News