Comments
PNC Infratech has informed the exchanges that its subsidiary PNC Rae Bareli Highways Private Ltd has received ₹33.73 crore (on May 8) as bonus annuity for early completion of its road project in Uttar Pradesh. The company completed two-laning with paved shoulders of the 166.440-km long Rae Bareli to Jaunpur section of NH-231 in Uttar Pradesh on BOT (Annuity) basis. The completion certificate for the project was issued on February 27, 2016, which was 96 days ahead of the scheduled completion date of June 2, 2016. Shares of PNC Infratech jumped 3.2 per cent at ₹173.20 on the NSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.