PNC Infratech Bags a new Hybrid Annuity Highway Project of value Rs. 1575 Crore.

PNC Infratech Limited has been declared as the L1 (lowest) bidder for a NHAI Project of "Construction of 6 Lane with Access Controlled Greenfield Highway from km 26.000 to km 97.000, MH/KN Border (Badadal) to Maradgi S Andola section of NH - 150C (Package-II of Akkalkot to KN/TS Border section) on Hybrid Annuity Mode", for a Bid Project Cost of Rs. 1575.0 Crore. The price bids were opened recently, March 29, 2022, with PNC's bid being the lowest (L1).

The Project is to be constructed in 30 months and operated for 15 years post construction.

EQUITYBULLS