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This Article is From Jul 26, 2016

PNC Infratech Bags Rs 233 Crore Road Project

PNC Infratech Bags Rs 233 Crore Road Project
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New Delhi: PNC Infratech on Monday said it has bagged a project worth Rs 232.91 crore for four-laning of a road in Uttar Pradesh.

"PNC Infratech Ltd has been awarded a project involving four laning of Etah to Kasganj road in Uttar Pradesh for a contract value of Rs 232.91 crore," the company said in a filing to the BSE.

The company received the letter of award from Public Works Department (PWD), Uttar Pradesh, it said.

This is the third EPC contract won by the company in the current financial year. Previously the company won a state road project and a airport runway project in the current year, aggregating to Rs 260 crore.

The company's order book now stands at over Rs 5,400 crore, including the above two L1 projects, for which letters of award are yet to be received.

The had earlier in the month won a highway project of NHAI in Rajasthan on hybrid annuity model for a bid project cost of Rs 881 crore.

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