PNC Infratech has informed that the Company's subsidiary SPVs received appointed date for one HAM project. The Company has received communication from National Highways Authority of India (NHAI)
The Projects is:
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Four-laning of Meerut - Nazibabad section of NH-119 from design chainage Km 11+500 (Meerut) to 39.250 (Behsuma) and from km 79.500 (Bijnor) to 105.700 (Jalalabad) in the state of Uttar Pradesh under Bharatmala Pariyojana on Hybrid Annuity Mode (HAM)
The expected cost for the project is Rs1412cr.
Appointed Date for the project is 19th March 20201.
PNC Infratech ended at Rs247.55 per piece up by Rs5.05 or 2.08% on Sensex.
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