PNC Infratech has been awarded three additional hybrid annuity highway projects for Rs 4,384 crore in total.
Under the Bharatmala Pariyojana, the business will build a 17.15 km long six-lane highway that can be upgraded to an eight-lane under Package-I of the Kanpur-Lucknow Expressway in Uttar Pradesh using Hybrid Annuity Mode (HAM). The project would cost Rs 1,413 crore and will be completed in 30 months.
Under the Bharatmala Pariyojana, the scope of work also includes the building of a 45.24 km long six-lane upgradable to eight-lane of Package-II of the Kanpur Lucknow Expressway in Uttar Pradesh under Hybrid Annuity Mode (HAM). The project is expected to cost Rs 1,513 crore and take 30 months to complete.
