PNC Infratech receives project start date for HAM project of NHAI

30 Nov 2022 , 09:19 AM

PNC Infratech Limited has informed that one of the Company’s Subsidiary namely Awadh Expressway Private Limited (SPV/Concessionaire) received appointed Date for the HAM Project of National Highways Authority of India (NHAI).

As per the filing, the project is “Six lane upgradable to eight lane of Kanpur Lucknow Expressway including spur from Km 28.500 to 73+744 in the state of Uttar Pradesh under Bharatmala Pariyojana on Hybrid Annuity mode (Package-2)”.

Further, the appointed date is November 10, 2022 and the construction period is 910 days. Concession period icluding construction period is 17.5 years, the company said.

At around 9:18 AM, PNC Infratech Ltd is currently trading at Rs269.45 per share up by Rs1.2 or 0.45% from its previous closing of Rs268.25 per share on the BSE.

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