PNC Infratech Secures Rs 194.40 Crore Contract for Lucknow Flyover Construction
PNC Infratech Limited has announced the receipt of a Letter of Acceptance (LOA) from the Lucknow Development Authority, Uttar Pradesh. The contract pertains to the construction of a 4 Lane Flyover with 2 loops and 2 ramps at the Shaheed Path Intersection, on the RHS bank of the Gomti River in Lucknow.The LOA, dated May 27, 2026, awards the company a substantial contract valued at Rs 194.40 Crore (Rupees One Hundred Ninety Four Crore and Forty Lakhs only), exclusive of GST. PNC Infratech received the LOA on June 1, 2026.
The contract mandates the execution of the project on an Engineering, Procurement and Construction (EPC) basis. The projected timeline for completion of the project is 24 Months.
Contract Highlights
The project details confirm that the awarding entity is the Lucknow Development Authority, Uttar Pradesh. The contract is classified as a domestic entity order and falls under the category of construction.Key details regarding the awarded contract are summarized below:
| Parameter | Detail |
|---|---|
| Awarding Entity | Lucknow Development Authority, Uttar Pradesh |
| Nature of Contract | Construction of 4 Lane Flyover with 2 loops and 2 ramps at Shaheed Path Intersection, RHS bank of Gomti River, Lucknow (UP) |
| Basis of Award | Engineering, Procurement and Construction (EPC) |
| Contract Value | Rs 194.40 Crore (exclusive of GST) |
| Execution Period | 24 Months |
| Status | Domestic Entity |
| Related Party Interest | Not Applicable |
PNCINFRA Stock Price Movement
Today, PNC Infratech Limited saw its shares edge higher to settle at ₹207.07, gaining 1.00%. The stock traded on a robust volume of 728,045 shares, finishing strong within its day range of ₹206.01 to ₹213.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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