PNC Infratech Wins Rs 34,830 Mn NHAI HAM Orders

28 May 2026 CW Team

The first package covers development of a four-lane stretch from Barabanki design chainage Km 0+000 to Mustafabad design chainage Km 43+030 with a quoted and accepted bid project cost of Rs 17,280 million (mn), equivalent to Rs 1,728 crore. The second package spans from Mustafabad design chainage Km 43+030 to Biswariya design chainage Km 101+515 with an accepted bid project cost of Rs 17,550 million (mn), equivalent to Rs 1,755 crore. PNC Infratech said it emerged as the lowest bidder for both projects and received the formal letters on May 22.

The filing noted that the contracts were awarded by a domestic government entity and do not constitute related-party transactions. Both projects form part of the company’s ongoing focus on highway and road infrastructure development, building on its experience in engineering, procurement and construction and Hybrid Annuity Mode projects. The assignments are expected to add measurable work inflows and clarify execution schedules for the group over the medium term.

PNC Infratech share price closed at Rs 212.80 on the National Stock Exchange on May 22, 2026, down 0.16 per cent from the previous close of Rs 213.15, and traded in a comparatively narrow range during the session. Market participants continued to monitor order inflows and execution visibility in the roads and highways sector amid ongoing government capital expenditure. The company’s established presence in north and central India positions it to participate in the current expansion of transport infrastructure, and these awards are likely to strengthen its roads order book.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

PNC Infratech Ltd said it has received Letters of Acceptance from the National Highways Authority of India for two Hybrid Annuity Mode highway projects in Uttar Pradesh worth Rs 34,830 million (mn), equivalent to Rs 3,483 crore. The exchange filing dated May 22, 2026, stated the combined bid project cost excludes GST and relates to construction of four-lane stretches on NH-927 under the NH(O) scheme. The company confirmed that both packages were awarded under the Hybrid Annuity Mode and carry an execution timeline of 24 months. The disclosure followed formal acceptance. The first package covers development of a four-lane stretch from Barabanki design chainage Km 0+000 to Mustafabad design chainage Km 43+030 with a quoted and accepted bid project cost of Rs 17,280 million (mn), equivalent to Rs 1,728 crore. The second package spans from Mustafabad design chainage Km 43+030 to Biswariya design chainage Km 101+515 with an accepted bid project cost of Rs 17,550 million (mn), equivalent to Rs 1,755 crore. PNC Infratech said it emerged as the lowest bidder for both projects and received the formal letters on May 22. The filing noted that the contracts were awarded by a domestic government entity and do not constitute related-party transactions. Both projects form part of the company’s ongoing focus on highway and road infrastructure development, building on its experience in engineering, procurement and construction and Hybrid Annuity Mode projects. The assignments are expected to add measurable work inflows and clarify execution schedules for the group over the medium term. PNC Infratech share price closed at Rs 212.80 on the National Stock Exchange on May 22, 2026, down 0.16 per cent from the previous close of Rs 213.15, and traded in a comparatively narrow range during the session. Market participants continued to monitor order inflows and execution visibility in the roads and highways sector amid ongoing government capital expenditure. The company’s established presence in north and central India positions it to participate in the current expansion of transport infrastructure, and these awards are likely to strengthen its roads order book.

Infrastructure Transport

15 Jul 2026

Railways To Operate Over 300 Special Trains For Rath Yatra

Union Railway Minister Ashwini Vaishnaw announced that Indian Railways (IR) will operate more than 300 special trains for the annual Jagannath Rath Yatra in Odisha and over 100 special trains during the Onam festival in Keralam. He flagged off the Nanded–Mumbai and Tanakpur–Nanded Express trains and inaugurated the extension of the Tanakpur–Pilibhit service up to Shahjahanpur via video conference from Rail Sadan in Bhubaneswar. He noted that the summer season, which concluded on 30 June, had seen a record 15,000 special trains. Vaishnaw stated that the newly launched services are intende..

Infrastructure Transport

15 Jul 2026

Vande Bharat Express To Start From Tripura Soon

Tripura Chief Minister Manik Saha said the Vande Bharat Express will commence operations from Tripura in the coming days after he flagged off the Agartala–Karimganj MEMU service at Agartala Railway Station. He recalled the rail history of the state, noting that a metre-gauge service first arrived in 1964 and that broad gauge reached Agartala in 2008 following national projects and later upgrades under the Act East policy. The event was described as a milestone for regional connectivity and the MEMU was presented as the first electric passenger train to originate from Tripura.\n\nSaha said he..

Infrastructure Urban

15 Jul 2026

MEMU Suspension Disrupts Commuters Between Vadodara And Dahod

The Vadodara–Dahod Mainline Electric Multiple Unit (MEMU) service has been temporarily suspended for 26 days after its rake was diverted to Odisha to manage the surge in passenger traffic during the annual Rath Yatra in Puri. Indian Railways redeployed several MEMU rakes from different zones to meet the additional travel demand for the festival scheduled from the seventh of July to the second of August. As a result, train numbers 69233 and 69234 operating between Vadodara and Dahod will remain cancelled for the duration. Railway authorities advised passengers to use alternative train service..