PNC Infratech Wins Airport and Coal Mining Contracts
AVIATION & AIRPORTS

PNC Infratech Wins Airport and Coal Mining Contracts

Infrastructure major PNC Infratech Limited has emerged as the lowest (L1) bidder for a project tendered by the Airports Authority of India (AAI) for the development of Lal Bahadur Shastri International Airport in Varanasi.
The project is valued at approximately Rs 2.97 billion (excluding GST) and includes runway extension, re-carpeting, strengthening of the existing runway, and associated works. Financial bids were opened on 2 September 2025, and the contract is to be executed within 18 months, the company stated.
In a separate development earlier this year, PNC Infratech also emerged as the L1 bidder for a mining services contract awarded by South Eastern Coalfields Limited (SECL) in Bilaspur, Chhattisgarh. The project at Gevra Open Cast Project (OCP) expansion site includes overburden removal, coal extraction via surface miner, loading, and transportation of the mined coal.
The value of the mining contract is pegged at approximately Rs 29.57 billion, exclusive of GST, and is slated for execution over five years. Financial bids for the same were opened on 28 July 2025.
Meanwhile, shares of PNC Infratech Limited ended at Rs 304, up Rs 0.90 or 0.30 per cent on the BSE on Tuesday. 

Infrastructure major PNC Infratech Limited has emerged as the lowest (L1) bidder for a project tendered by the Airports Authority of India (AAI) for the development of Lal Bahadur Shastri International Airport in Varanasi.The project is valued at approximately Rs 2.97 billion (excluding GST) and includes runway extension, re-carpeting, strengthening of the existing runway, and associated works. Financial bids were opened on 2 September 2025, and the contract is to be executed within 18 months, the company stated.In a separate development earlier this year, PNC Infratech also emerged as the L1 bidder for a mining services contract awarded by South Eastern Coalfields Limited (SECL) in Bilaspur, Chhattisgarh. The project at Gevra Open Cast Project (OCP) expansion site includes overburden removal, coal extraction via surface miner, loading, and transportation of the mined coal.The value of the mining contract is pegged at approximately Rs 29.57 billion, exclusive of GST, and is slated for execution over five years. Financial bids for the same were opened on 28 July 2025.Meanwhile, shares of PNC Infratech Limited ended at Rs 304, up Rs 0.90 or 0.30 per cent on the BSE on Tuesday. 

Next Story
Infrastructure Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Next Story
Infrastructure Energy

Sigenergy Launches AI Agent For Energy Systems

Sigenergy has introduced SigenAgent, described as the energy industry’s first all-domain AI agent, during its ‘AI in All’ event. The platform is designed to move solar-and-storage systems from reactive hardware to autonomous, goal-driven energy systems for households and businesses.SigenAgent works through a continuous loop of perception, reasoning and action. It analyses real-time factors such as weather patterns, electricity prices and grid conditions to determine and execute the most efficient operating strategy. Users can set broad goals, such as reducing electricity bills or securin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->