PNC Infratech wins Rs 120-cr ADB funded road project in UP

PNC Infratech today said it has won a Rs 120 crore project in Uttar Pradesh, which is funded by ADB.
"PNC Infratech was declared the L1 (lowest) bidder for the project of upgradation of Nanau-Dodon section from 0 km to km 30 in the district of Aligarh, Uttar Pradesh. The bid amount for this ADB funded, UP Public Works Department (PWD) project is Rs 119.9 crore," the company said in a statement.
During the financial year 2015-16, PNC secured seven new projects, for a total contract value of Rs 3,972 crore, comprising of six highway projects and one airport runway project, it said.

"The company has received letters of award (LoAs) for all the seven projects by March 31, 2016," the statement said.
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, among others.
The company is executing projects across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka and Tamil Nadu.
PNC has executed 50 major infrastructure projects and working on 22 projects on EPC basis.
PNC Infratech, through its various subsidiaries and associate companies, has a portfolio of 7 operational projects including Bareilly - Almora (Uttarakhand border) section of UP State Highway 37, Kanpur - Kabrai section of NH 86, Gwalior - Bhind section of NH 92, 100% owned BOT toll project; 4. Kanpur - Lucknow - Ayodhya section of NH 25, NH 56-A&B and NH 28 and Ghaziabad - Aligarh section of NH 91.