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PNC Infratech secures NHAI's Jagdishpur - Faizabad road project in UP

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Capital Market
PNC Infratech announced receipt Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project of Four laning of Jagdishpur - Faizabad Section from km 47.930 (Design Chaiange km 47.800) to km 107.680 (Design Chainage km 108.020) of NH-330A in the State of Uttar Pradesh on Hybrid Annuity Mode under Bharatmala Pariyojana for a Bid Project Cost of Rs. 1530.0 crore, on 09 March 2020. The price bids for the Project were opened on 10 February 2020 and PNC's bid was the lowest (L1). Construction of this project is to be completed in 24 months.

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First Published: Mar 11 2020 | 5:57 PM IST

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