PNC Infratech has been awarded a project involving four laning of Etah to Kasganj road in Uttar Pradesh for a contract value of Rs. 232.91 crore. The company received the Letter of Award (LoA) from Public Works Department (PWD), Uttar Pradesh, on 25 July, 2016.
This is the third EPC contract won by the company in the current financial year. Previously the company has won one state road project and one airport runway project in the current year, aggregating to Rs.260 crore. The company's order book now stands at over Rs. 5400 crore
including the above two L1 projects, for which letters of award are yet to be received. PNC also won a highway project of NHAI in Rajasthan on 14th July 2016 on hybrid annuity model for a bid project cost of Rs. 881.00 crore.
Powered by Capital Market - Live News