PNC Infratech Limited has informed the Exchange about Bagging/Receiving of orders/contracts
PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNC Infratech's Joint Venture (50:50 with SPS Constructions India Pvt Ltd) has emerged as the L1 (lowest) bidder for a major infrastructure project — construction of a 4-lane bridge over the Ganga River connecting Trans Ganga City to Kanpur City in Uttar Pradesh. The project is on EPC mode with a quoted price of Rs. 571.81 Crore and a completion timeline of 36 months. The order is awarded by UP State Bridge Corporation Ltd. (UPSBC), a domestic government entity, and the promoter group has no interest in the awarding entity.
The order size (~Rs. 572 Crore) is substantial for PNC Infratech. For a company with annual revenues in the Rs. 4,000–5,000 Crore range, this single order likely represents over 10% of annual revenue, providing meaningful revenue visibility over the 3-year execution period.