On December 18, the infrastructure firm PNC Infratech announced that Madhya Pradesh Road Development Corporation (MPRDC) had awarded it a new hybrid annuity road project valued at Rs 1,174 crore.
‘PNC Infratech Limited has been declared the L1 (Lowest) bidder for a Highway Project namely “Construction of Western Bhopal Bypass as 4-lane with paved shoulders along with service road starts from km 424.0 of Jabalpur-Bhopal Road (NH-46) and end at km 21.0 of Bhopal-Dewas Road (SH-28) with a design length of 40.90 km’ , stated the business in a press release.
It further stated that the project will be built in 24 months and run for 15 years after construction.
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