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PNC Infratech on Friday said it has emerged as the lowest bidder for NHAI’s two highway projects worth ₹2,720 crore in Uttar Pradesh and Madhya Pradesh.
The company has been declared the lowest bidder for the “two hybrid annuity highway projects of NHAI for an aggregate bid project cost of ₹2,720 crore,” PNC Infratech said in a filing to the BSE.
The projects pertain to four-laning of 75 km Jhansi-Khajuraho section of NH 75/76 (package I) in Uttar Pradesh and Madhya Pradesh under NHDP III for ₹1,410 crore. The other project is four-laning Jhansi-Khajuraho section of NH 75/76 (Package II) for ₹1,310 crore, it said.
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