Published On:March 9 2024
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"PNC Infratech Secures ₹1,174 Crore HAM Project Contract for Western Bhopal Bypass"

"PNC Infratech Secures ₹1,174 Crore HAM Project Contract for Western Bhopal Bypass"

PNC Infratech has formalized an agreement with MP Road Development Corporation Ltd. (MPRDC) to undertake a Hybrid Annuity Mode (HAM) project through its special purpose vehicle, Western Bhopal Bypass Pvt. Ltd. The contract, valued at ₹1,174 crore, involves the construction of a four-lane Western Bhopal Bypass in Madhya Pradesh.

Furthermore, PNC Infratech has achieved a significant milestone by obtaining the completion certificate for the construction of the NH-56 four-lane bypass in Uttar Pradesh. This project, valued at ₹1,062 crore, was successfully completed on February 29, 2024.

These developments underscore PNC Infratech's continued commitment to infrastructure development projects across various regions of India, reinforcing its position as a key player in the construction sector.

HBL





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