Published On:March 15 2023
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PNC Infratech bags a new Highway Project of NHAI for a Bid Project Cost of Rs. 1260.0 Crore.
PNC Infratech Limited has been declared the L1 (Lowest) bidder for a Highway Project namely "Construction of 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Pachmon village to Anarbansalea village (from km 116+000 to km 151+200; Length = 35.2 km), 'Package 6' under Bharatmala Pariyojana in the state of Bihar on Hybrid Annuity Mode" from NHAI with a Bid Project Cost of Rs. 1260.0 crore, on March 14, 2023. Price bids were opened on Tuesday, March 14, 2023, with PNC's bid being the lowest (L1).
Project is to be constructed in 24 months and operated for 15 years, post construction.
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