PNC Infratech receives LoA from NHAI for road project in UP
Capital MarketPNC Infratech announced receipt of Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project of 4 laning of
Aligarh- Kanpur Section from Km 356.000 (Design chainage Km. 373.085) to Km.414.000 (Design chainage Km.433.728), Package - V, Mitrasen - Kanpur section of NH- 91 in the state of Uttar Pradesh on Hybrid Annuity Mode under Bharatmala Pariyojana for a Bid Project Cost of Rs. 2052.0 crore, on March 9, 2020. The price bids for the Project were opened on February 12, 2020 and PNC's bid was the lowest (L1). Construction of this
project is to be completed in 30 months.
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