PNC Infratech Limited has secured a large contract worth Rs 571.81 crore from UP State Bridge Corporation Limited (UPSBC) for the construction of a 4-lane major bridge over the Ganga River, according to a BSE filing.
The project involves the construction of a bridge with a footpath on Bhairoghat Dhobighat Jalkal Campus, connecting to Trans Ganga City to Kanpur City, including approach roads and protection works.
The contract was awarded through an EPC mode, with PNC Infratech Limited and SPS Constructions India Private Limited forming a joint venture with a 50:50 participation ratio. The project is expected to be completed within 36 months.
The order adds to PNC Infratech’s existing pipeline of projects, strengthening its position in the infrastructure sector. As part of the agreement, the joint venture will be responsible for the engineering, procurement, and construction of the project.
The project is a significant win for PNC Infratech, boosting its order book with one of the largest infrastructure contracts of the year. This order reinforces PNC Infratech’s position as a leading player in the infrastructure sector.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
