PNC Infratech emerges Lowest Bidder for Purvanchal Expressway project
Capital MarketPNC 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. 1738.44 crore. The price bids were opened on
Thursday, May 24, 2018, with PNC's bid being the lowest (L1). Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) is the Proponent for the 341.0 km long Green Field Expressway comprising eight individual packages. Construction of the project is to be
completed in 30 months.
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