PNC Infratech branch announces scheduled date for roadway project
ROADS & HIGHWAYS

PNC Infratech branch announces scheduled date for roadway project

According to PNC Infratech, the National Highways Authority of India's (NHAI) Hybrid Annuity Mode (HAM) project has been assigned a date of December 28, 2022, for completion. As part of the Bharatmala Pariyojna, the project entails building a six lane, access-controlled Greenfield Highway from 26,000 km to 97,000 km, MH/KN border (Badadal) to Maradgi S Andola (Package-Il of Akkalkot to KN/TS border section) on HAM basis. The project’s construction time is 912 days from the scheduled start date, and the concession period, which includes the construction phase, is 17.5 years.

PNC Infratech is working to improve India’s infrastructure by building motorways, bridges, flyovers, airport runways, BOT (built, operate, and transfer) projects, and HAM (Hybrid Annuity Model), among other things. The company’s overall net profit decreased slightly from Q2 FY22 to Q2 FY23, from INR 132.47 crore to INR 132.12 crore. In the second quarter of FY23, net sales slightly decreased to INR 1795.07 crore from INR 1797.69 crore.

According to PNC Infratech, the National Highways Authority of India's (NHAI) Hybrid Annuity Mode (HAM) project has been assigned a date of December 28, 2022, for completion. As part of the Bharatmala Pariyojna, the project entails building a six lane, access-controlled Greenfield Highway from 26,000 km to 97,000 km, MH/KN border (Badadal) to Maradgi S Andola (Package-Il of Akkalkot to KN/TS border section) on HAM basis. The project’s construction time is 912 days from the scheduled start date, and the concession period, which includes the construction phase, is 17.5 years. PNC Infratech is working to improve India’s infrastructure by building motorways, bridges, flyovers, airport runways, BOT (built, operate, and transfer) projects, and HAM (Hybrid Annuity Model), among other things. The company’s overall net profit decreased slightly from Q2 FY22 to Q2 FY23, from INR 132.47 crore to INR 132.12 crore. In the second quarter of FY23, net sales slightly decreased to INR 1795.07 crore from INR 1797.69 crore.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code