Rs 8.19 billion highway project of MORT&H bagged by PNC Infratech
ROADS & HIGHWAYS

Rs 8.19 billion highway project of MORT&H bagged by PNC Infratech

On March 27, 2023, PNC Infratech Ltd announced that the Ministry of Road Transport & Highways (MoRTH) has selected it as the L1 (lowest) bidder for a highway project. The project will be built in 24 months and operated for 15 years after that. As part of the project, the Construction Engineering Company would build a 25.545 kilometer stretch of the NH-731A highway in Uttar Pradesh with paved shoulders (i/c Ganga Bridge) on Hybrid Annuity Mode (Package-III).

Construction of a 4-lane highway from Km 49.155 to Km 74.700 (Singraur Uphar to Baranpur Kadipur Lchauli) of NH-73IA with paved shoulders (i/c Ganga Bridge) in the state of Uttar Pradesh on Hybrid Annuity Mode (Package-Ill) was awarded to PNC Infratech for a bid project cost of Rs 8.19 billion. The project's bid price from PNC Infratech was Rs 8.19 billion. On March 27, 2023, price bids for the project were opened, and PNC's bid was found to be the lowest (L1).

On March 27, 2023, PNC Infratech Ltd announced that the Ministry of Road Transport & Highways (MoRTH) has selected it as the L1 (lowest) bidder for a highway project. The project will be built in 24 months and operated for 15 years after that. As part of the project, the Construction Engineering Company would build a 25.545 kilometer stretch of the NH-731A highway in Uttar Pradesh with paved shoulders (i/c Ganga Bridge) on Hybrid Annuity Mode (Package-III). Construction of a 4-lane highway from Km 49.155 to Km 74.700 (Singraur Uphar to Baranpur Kadipur Lchauli) of NH-73IA with paved shoulders (i/c Ganga Bridge) in the state of Uttar Pradesh on Hybrid Annuity Mode (Package-Ill) was awarded to PNC Infratech for a bid project cost of Rs 8.19 billion. The project's bid price from PNC Infratech was Rs 8.19 billion. On March 27, 2023, price bids for the project were opened, and PNC's bid was found to be the lowest (L1).

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement