PNC infratech achieves financial closure for 2 projects

PNC Infratech

PNC Infratech Limited has informed that its wholly owned subsidiaries have received the financial closure letter from National Highways Authority of India

While PNC Challakere (Karnataka) Highways Private Limited financial closure letter dated 1 January 2019 received on 8 January 2019, PNC Aligarh Highways Private Limited financial closure letter dated 14 December 2018 received on 9 January 2019.

The first subsidiary’s project is development of Four Laning from km 358.500 to km 414.205, Challakere to Hariyur section of NH-150 A, on Hybrid Annuity Mode under Bharatmala Pariyojna in the State of Karnataka.

The second subsidiary’s project is dvelopment of Four Laning of Aligarh-Kanpur Section from km.186.000 (Design Chainage 195.733) to km.229.000 (Design Chainage 240.897) (Package II from Bhadwas-Kalyanpur) of NH 91 in the State of Uttar Pradesh, On Hybrid Annuity Mode under Bharatmala Pariyojana.

Image Credit : content.indiainfoline.com

Author: Research Desk