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PNC Infratech bags two EPC packages of Purvanchal Expressway for Rs 2520 cr

Capital Market 

PNC Infratech has been declared the L1 (lowest) bidder in the following two contiguous packages of - Ghazipur Six Lane Access Controlled Expressway Project in the state of for an aggregate quoted value of Rs. 2520.00 crore.

The price bids were opened on 09 July 2018, with PNC's bids being the lowest (L1) in two packages. Expressways Industrial Development Authority (UPEIDA) is the proponent for the 341.0 km long comprising eight individual packages.

Construction of each package is to be completed in 36 months on mode.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 09 2018. 16:33 IST