Subsidiary of PNC Infratech achieves Provisional Completion Certificate for Kanpur Lucknow Expressway Project
PNC Infratech Limited has seen its subsidiary, Kanpur Lucknow Expressway Private Limited, secure a Provisional Completion Certificate (PCOD) for a major infrastructure undertaking. The PCOD, issued on June 10, 2026, certifies that the project is fit for entry into commercial operations as of April 27, 2026.The PCOD relates to a Hybrid Annuity Mode (HAM) project executed by Kanpur Lucknow Expressway Private Limited, in collaboration with the National Highways Authority of India (NHAI). The concessionaire's project involved constructing six lanes upgradable to eight lanes of the Kanpur Lucknow Expressway, including the spur section from km 10.980 to km 28.500 in Uttar Pradesh under the Bharatmala Pariyojana (Package-I).
The project commenced on February 01, 2023, with a scheduled completion date of April 27, 2026. The successful achievement of the Provisional Completion Date marked a significant milestone for the concessionaire.
Key details regarding the infrastructure project are as follows:
| Parameter | Details |
|---|---|
| Concessionaire | Kanpur Lucknow Expressway Private Limited |
| Authority | National Highways Authority of India (NHAI) |
| Contract Type | Hybrid Annuity Mode (HAM) |
| Project Scope | Construction of six lane upgradable to Eight lane of Kanpur Lucknow Expressway in Uttar Pradesh |
| Appointed Date | 01.02.2023 |
| Completion Period | 910 Days |
| Scheduled/Revised Completion Date | 27.04.2026 |
| Provisional Completion Date | 27.04.2026 |
| Bid Project Cost | Rs. 1413.0 Crores (plus Price Index Multiple amount as per the Concession Agreement) |
PNCINFRA Stock Price Movement
As of 1:24 PM, shares of PNC Infratech Limited are slipping by 1.12% in live trading, currently at ₹198.72. The stock has seen considerable movement today, with a volume exceeding 149,968 shares recorded so far.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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