PNC Infratech Secures ₹239.94 Crore Flyover Project in Bharatpur
PNC Infratech Limited has been declared the lowest bidder for a ₹239.94 crore EPC project in Bharatpur, Rajasthan. The project, awarded by PWD-Rajasthan, involves constructing a flyover from Heeradas Chouraha to Kumher Gate Chouraha. The execution timeframe is set at 24 months, with the project expected to contribute to the company's revenue over the next two years. PNC Infratech disclosed this information to stock exchanges on April 22, 2025, in compliance with SEBI guidelines.
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PNC Infratech , a prominent infrastructure construction company, has recently won a significant Engineering, Procurement, and Construction (EPC) project in Bharatpur, Rajasthan. The company has been declared the L1 (lowest) bidder for the construction of a flyover, marking another milestone in its project portfolio.
Project Details
The project, awarded by PWD-Rajasthan, involves the "Construction of Flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur on EPC Mode." PNC Infratech quoted a price of ₹239.94 crore for this domestic infrastructure development initiative.
Key Aspects of the Contract
| Aspect | Detail |
|---|---|
| Awarding Entity | PWD-Rajasthan |
| Project Type | Domestic |
| Contract Nature | Engineering, Procurement, and Construction (EPC) |
| Execution Timeframe | 24 months |
Financial Implications
The secured project, valued at ₹239.94 crore, represents a significant addition to PNC Infratech's order book. This development is expected to contribute positively to the company's revenue stream over the next two years.
Corporate Disclosure
In compliance with regulatory requirements, PNC Infratech has promptly disclosed this information to the stock exchanges. The company's announcement, made on April 22, 2025, adheres to the Securities and Exchange Board of India (SEBI) guidelines on material events disclosure.
Conclusion
The successful bid for this flyover project in Bharatpur underscores PNC Infratech's continued focus on expanding its presence in the infrastructure sector . As the company moves forward with the execution of this project, stakeholders will likely keep a close watch on its progress and the potential impact on PNC Infratech's overall performance in the coming quarters.
Historical Stock Returns for PNC Infratech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.31% | +0.29% | +1.08% | +15.81% | -32.92% | +119.15% |
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