Breaking News

You are here » Indian-Commodity  :  Investment  :  PNC Infratech emerges lowest bidder for project worth Rs 1,738.44 crore


PNC Infratech emerges lowest bidder for project worth Rs 1,738.44 crore

PNC Infratech has been declared the L1 (lowest) bidder for the 42.7 km long 4th package of Lucknow - Ghazipur Six Lane Access Controlled Purvanchal Expressway Project from Siddhi Ganeshpur to Sansarpur (District Sultanpur) in the state of Uttar Pradesh on EPC basis for a value of Rs 1,738.44 crore.

Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) is the Proponent for the 341 km long Green Field Expressway comprising eight individual packages. Construction of the project is to be completed in 30 months.

PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.

Related News

View all news

Hulst B.V. acquires over 4 lakh shares of NIIT Technologies

Hulst B.V. has acquired 463,219 equity shares (with face value of Rs 10 each) of NIIT Technologies, on May 10, 2019.NIIT Technologies is a leading global IT solutions organization servicing customers across......

Cox & Kings enters into strategic tie-up with RCI

Cox & Kings (India) has entered into a strategic tie-up with RCI, the global leader in vacation exchange and part of the Wyndham Destinations, to facilitate ancillary travel services for their......

UPL invests Rs 9.24 crore in Allfresh Supply Management

UPL has invested Rs 9.24 crore in Allfresh Supply Management constituting 26.75% (on fully diluted basis) in the paid-up share capital of Allfresh.Allfresh is engaged in procuring and supplying fresh produce......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......