PNC Infratech Limited has informed the Exchange about General Updates
PNCINFRA · price
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PNC Infratech has received a Letter of Acceptance from the Public Works Department (PWD) of Rajasthan for the construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City. The project is on an Engineering, Procurement and Construction (EPC) basis with an awarded value of Rs. 239.94 Crore. The completion timeline is 24 months. The order has been awarded by a domestic government entity, and there is no related-party interest involved.
This new government order strengthens PNC Infratech's order book and provides revenue visibility over the next two years, though the size (~Rs 240 Crore) is a moderate addition and is likely below 5% of annual revenue, making it a routine business update rather than a major catalyst for the stock.