PNC Infratech Ltd Emerges as L1 Bidder for Rs. 3483 Crore NH Projects
PNC Infratech Ltd announced that it emerged as the First Lowest (L1) Bidder in tenders floated by the National Highways Authority of India (NHAI). The company secured the bid for two major National Highway Projects under the Hybrid Annuity Model (HAM) for an aggregate quoted Bid Project Cost (BPC) of Rs. 3483.00 crores, exclusive of GST.The financial bids for the two projects were opened on April 21, 2026. The contracts were awarded by the National Highways Authority of India (NHAI) and involve construction work under the HAM Project Model.
The two packages are situated on the section of NH-927 in Uttar Pradesh. The details of the two awarded projects are as follows:
| Particulars | Project Details | Quoted BPC |
|---|---|---|
| Project I (Package-I) | Construction of a 4 Lane highway from Barabanki Design Chainage Km 0+000 to Mustafabad Design Chainage Km 43+030 on NH-927 in Uttar Pradesh. | Rs. 1728.00 Crores |
| Project II (Package-II) | Construction of a 4 Lane highway from Mustafabad Design Chainage Km 43+030 to Biswariya Design Chainage Km 101+515 on NH-927 in Uttar Pradesh. | Rs. 1755.00 Crores |
The total aggregated Bid Project Cost for the two projects is Rs. 3483.00 crores exclusive of GST. The project nature is domestic, and the contract is expected to be executed within twenty-four (24) months for each project.
PNC Infratech Ltd confirmed that the promoter group has no financial interest in the entity that awarded the contracts.
PNCINFRA Stock Price Movement
Today, PNC Infratech Limited shares edged higher to close at ₹208.59, marking a solid gain of 3.73%. The stock saw robust investor participation, settling on a total traded volume of 554,769 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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