PNC Infratech has been declared as the lowest bidder for NHAI‘s two highway projects worth Rs 4,130 crore in Uttar Pradesh and Madhya Pradesh.
PNC Infratech has said in a BSE filing that the company has been declared the lowest bidder for the “two hybrid annuity highway projects of NHAI for an aggregate bid project cost of Rs 2,720 crore.”
According to it one of the projects pertain to four-laning of 75 km Jhansi-Khajuraho section of NH 75/76 (package I) in the states of Uttar Pradesh (UP) and Madhya Pradesh (MP) under NHDP III for Rs 1,410 crore.
It further said that the other project is four-laning Jhansi-Khajuraho section of NH 75/76 (Package II) from km 76.30 to km 161.70 km for Rs 1,310 crore.