as per attachment
PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNC Infratech Limited has received Letters of Acceptance (LOA) from the National Highways Authority of India (NHAI) for two HAM (Hybrid Annuity Mode) based National Highway projects. The aggregate Bid Project Cost is Rs. 3483.00 crores (exclusive of GST). Project 1 involves constructing a 4-lane highway from Barabanki to Mustafabad in Uttar Pradesh (BPC: Rs. 1728 crores), and Project 2 covers the stretch from Mustafabad to Biswariya (BPC: Rs. 1755 crores). Both projects are under the NH(O) Scheme and will be completed within 24 months each. The company emerged as the Lowest (L1) Bidder for these projects.
This is a major order win representing approximately 25-30% of the company's annual revenue, providing significant revenue visibility for the next 2 years and positively impacting the company's order book.