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PNCINFRA · price
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PNC Infratech has emerged as L1 (Lowest) bidder for construction of a 4 Lane Flyover with 2 loops and 2 ramps at Shaheed Path Intersection on the RHS bank of Gomti River, Lucknow. The project is awarded by Lucknow Development Authority, Uttar Pradesh on EPC (Engineering, Procurement and Construction) basis. The contract value is Rs. 194.40 Crore and the completion period is 24 months. The order is domestic and the promoter group has no interest in the awarding entity.
A fresh order win of Rs. 194.40 crore provides revenue visibility for PNC Infratech over the next 2 years. This represents a moderate-sized contract for the company and should support order book growth, though the overall revenue impact depends on the company's annual scale.