22 Oct 2020
PNC Infratech bags Rs 10.01 bn project in Andhra Pradesh
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.