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By Bhavyata Kagrana Mar 14, 2023 6:06:55 PM IST (Published)
Recently on March 9, the infratech company bagged 2 new hybrid annuity highway ventures worth Rs 2,004.4 crore from NHAI.
PNC Infratech on Tuesday, March 14 announced that the company has been declared as the lowest bidder for the National Highways Authority of India's (NHAI) highway project worth Rs 1,260 crore.
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The development is for the construction of the 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Pachmon village to Anarbansalea village, under Bharatmala Pariyojana in Bihar on Hybrid Annuity Mode- Package 6.
The company in a regulatory filing said, "Project is to be constructed in 24 months and operated for 15 years, post-construction".