PNC Infratech gets Rs 495.54 crore Bihar road EPC order
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PNC Infratech received a letter of acceptance from Bihar State Road Development Corporation for an EPC contract to build a 21.30 km high-level bridge and approach road. The contract is valued at Rs 495.54 crore and is to be completed within 1,095 days, or three years.
The government award improves order visibility and may support revenue over three years, but execution and margin risks remain.