Gold
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).
