PNC Infratech bags Rs 10.01 bn project in Andhra Pradesh

22 Oct 2020 Editorial Team

PNC Infratech has emerged as the lowest bidder for a Rs 10.01 billion project in Andhra Pradesh.

The engineering, procurement, and construction (EPC) project by the Water Resources Department of the state pertains to upgradation of an existing canal system.

The company has been declared the L I (lowest) bidder in an EPC Project for "Upgradation of Canal System from Pothireddypadu Head Regulator and BCR Complex from foreshore of Srisailam Reservoir and improvements to existing SRBC/GNSS Canal up to berm level from Banakacherla Complex to Gorukallu Balancing Reservoir from KM 0.000 to KM 56.775". The Project is to be constructed in 36 months.

It had quoted a value of Rs 10,007.2 million for the bid as per reports.

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Govt Plans Six-Month Import Relief for E-Bus, Truck Makers

The government is considering a six-month relaxation for electric bus and truck manufacturers, allowing them to import fully assembled motors containing heavy rare earth materials without losing eligibility for incentives under the Rs 109-billion PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme.The relief is expected to benefit companies such as Tata Motors, Ashok Leyland, PMI Electro Mobility, JBM Auto, EKA Mobility, Olectra Greentech, Propel, and IPLT Demo. The exemption will apply provided all other localisation requirements are met.However, officials clari..

Biocon Foundation Builds New School for 250 Students

Biocon Foundation, the Corporate Social Responsibility (CSR) arm of Biocon Group, has initiated the construction of a new building for the Government High School in Kodamballi, Channapatna Taluk, Karnataka. The school currently serves more than 250 children from 23 surrounding villages.The groundbreaking ceremony was conducted by Dr C N Manjunath, Honourable Member of Parliament, Bengaluru Rural Constituency; CP Yogeshwara, MLA, Channapatna Constituency; and Yeshwanth V Gurukar, IAS, Deputy Commissioner and District Magistrate, Bengaluru South. They were joined by Dr Anupama Shetty, Mission Di..