PNC Infratech integrates new subsidiary for highway project
ROADS & HIGHWAYS

PNC Infratech integrates new subsidiary for highway project

On April 30, 2023, PNC Infratech established a wholly-owned subsidiary (WOS) business called "Varanasi-Kolkata Highway - Package II" as a special purpose vehicle (SPV) to carry out a project that the National Highways Authority of India (NHAI) had approved.

The Bharatmala Pariyojana in Bihar is funding the construction of a greenfield, six-lane Varanasi-Ranchi-Kolkata highway that will run from the junction with Chandauli-Chainpur road near Khainti village to the junction with Bhabhua-Adhaura road near Palka village.

The new company has been registered with a Rs 1 million authorised capital and will start doing business soon.

Also read:
NHAI starts work on 56 km Hyderabad-Visakhapatnam route
Construction of 1st public transport ropeway in Kashi


Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

On April 30, 2023, PNC Infratech established a wholly-owned subsidiary (WOS) business called Varanasi-Kolkata Highway - Package II as a special purpose vehicle (SPV) to carry out a project that the National Highways Authority of India (NHAI) had approved. The Bharatmala Pariyojana in Bihar is funding the construction of a greenfield, six-lane Varanasi-Ranchi-Kolkata highway that will run from the junction with Chandauli-Chainpur road near Khainti village to the junction with Bhabhua-Adhaura road near Palka village. The new company has been registered with a Rs 1 million authorised capital and will start doing business soon. Also read: NHAI starts work on 56 km Hyderabad-Visakhapatnam route Construction of 1st public transport ropeway in Kashi

Next Story
Infrastructure Transport

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Next Story
Infrastructure Energy

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Next Story
Infrastructure Transport

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?