PNC Infratech Bags 2 new Hybrid Annuity Highway Projects for a total Bid Project Cost of Rs. 2004.43 Crore.

PNC Infratech Limited has been declared the L1 (lowest) bidder for two Highway Projects of NHAI, with an aggregate Bid Project Cost of Rs. 2004.43 Crore. Price bids were opened on Thursday, March 9, 2023, with PNC's bids being lowest (L1).

Construction of 6-lane Greenfield Varanasi - Ranchi - Kolkata Highway from junction with Chandauli - Chainpur Road near Khainti village to junction with Bhabhua - Adhaura road near Palka village for 27.0 km length (from km 27+000 to km 54+000) under Bharatmala Pariyojana in the state of Bihar on Hybrid Annuity Mode - Package 2 - Rs. 891 crore.

Construction of 6-lane Greenfield Varanasi - Ranchi - Kolkata Highway from junction with Bhabhua - Adhaura Road in Bhairopur village to Konki village for 36.0 km length (from km 54+000 to km 90+000) under Bharatmala Pariyojana in the state of Bihar on Hybrid Annuity Mode - Package 3 - Rs. 1113.43 crore.

Both the Projects are to be constructed in 24 months and operated for 15 years, post construction.

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