PNC Infratech has said that it has emerged as the lowest bidder for NHAI’s two highway projects worth Rs 2,720 crore in Uttar Pradesh and Madhya Pradesh. The company has been declared the lowest bidder for the "two hybrid annuity highway projects of NHAI for an aggregate bid project cost of Rs 2,720 crore," PNC Infratech said in a filing to the BSE.
The projects pertain to four-laning of the 75-km Jhansi-Khajuraho section of NH 75/76 (package I) in Uttar Pradesh and Madhya Pradesh under NHDP III for Rs 1,410 crore.