Thursday, 10 Jan, 10.26 am Daily Kiran

Business
PNC Infratech's arms achieve financial closure for highway projects

PNC Infratech's wholly owned subsidiaries - PNC Challakere (Karnataka) Highways and PNC Aligarh Highways have achieved financial closure letter for Hybrid Annuity Mode (HAM) Projects from National Highways Authority of India. PNC Challakere (Karnataka) Highways received order for development of Four Laning from km 358.500 to km 414.205, Challakere to Hariyur section of NH-150 A, On Hybrid Annuity Mode under Bharatmala Pariyojna in the State of Karnataka with project cost of Rs 1157.00 crore. PNC Aligarh Highways received order for development of Four Laning of Aligarh-Kanpur Section from km.186.000 (Design Chainage 195.733) to km.229.000 (Design Chainage 240.897) (Package II from Bhadwas-Kalyanpur) of NH 91 in the State of Uttar Pradesh, On Hybrid Annuity Mode under Bharatmala Pariyojana with project cost of Rs 1197.00 crore. 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, development of industrial areas and other infrastructure activities
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