PNC Infratech Ltd emerged as the lowest (L1) bidder for two National Highway Authority of India (NHAI) projects with an aggregate Bid Project Cost of ₹3,483 crore.
The two Hybrid Annuity Model (HAM) projects are located in Uttar Pradesh on NH-927 and have a construction timeline of 24 months each.
The company disclosed this information pursuant to SEBI Listing Regulations (Regulation 30) and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2024/0155 dated November 11, 2024.
The trading window for dealing in the company's securities was closed at the time of this announcement as per the company's code of conduct and SEBI PIT Regulations.