PNC Infratech Secures Rs 302.44 Crore EPC Contract for Pantnagar Airport Works
PNC Infratech Limited has been awarded a contract valued at Rs 302.44 Crore to undertake extensive air and land side works at Pantnagar Airport in Uttarakhand. The company received the Letter of Intent (LOI) from the Airports Authority of India (AAI) on July 31, 2026.The contract is for Engineering, Construction Procurement and Commissioning (EPC). The project covers a wide range of civil, mechanical, electrical, and system installations at the airport.
According to the details released, PNC Infratech will manage both cityside works and airside works at Pantnagar Airport. The scope includes:
- Cityside Works: Detailed designing, engineering, procurement, and construction of a new domestic Terminal Building with parking facilities, an Electrical Sub-Station, Approach Roads, Ancillary Structures, and associated Allied Works, including MEP and Electro-Mechanical systems.
- Airside Works: Extension and strengthening of the Runway, Apron, Taxiways, Isolation Bay, RESA, Grading, Civil and Electrical works for NAV-AIDS Facilities, Perimeter Road, Approach Road, and Runway Lighting System.
The contract is awarded by a Domestic Entity, and the completion timeline is set at 24 months. There is no reported interest of the promoter or the promoter group in the entity awarding the contract.
Key details regarding the project are presented below:
| Project Detail | Specification |
|---|---|
| Awarding Authority | Airports Authority of India (AAI) |
| Contract Type | EPC (Engineering, Construction Procurement and Commissioning) |
| Location | Pantnagar Airport, Uttarakhand |
| Total Contract Price | Rs 302.44 Crore (Excluding GST) |
| Completion Period | 24 Months |
| Nature of Works | Cityside and Airside Infrastructure Development |
PNCINFRA Stock Price Movement
Today, PNC Infratech Limited saw its stock gain significantly, closing at ₹246.12 after edging higher by ₹6.84, or 2.85%. The equity traded a total of 629,973 shares during the day.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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