PNC Infratech Ltd has bagged orders worth ₹3,582 crore from the National Highways Authority of India (NHAI) for widening of road projects in Uttar Pradesh.
In a filing to the BSE, the company said it has received “letters of award (LOA) from NHAI on March 9, for the project of four-laning of the Aligarh-Kanpur section from 356 km (design chainage 373.085 km) to 414 km (design chainage 433.728 km), package-V, Mitrasen-Kanpur section of NH-91 in Uttar Pradesh on a hybrid annuity mode under the Bharatmala Pariyojana for a bid project cost of ₹2,052 crore.” The price bids for the project were opened on February 12 and PNC’s bid was the lowest, it said.