Project Update13 May 2026, 03:29 pm
PNC Infratech JV Emerges as L1 Bidder for ₹571.81 Cr Project
AI Summary
A joint venture comprising PNC Infratech Ltd has emerged as the lowest bidder (L1) for a project involving the construction of a 4-lane major bridge over the Ganga River in Kanpur, UP. The project, awarded by UP State Bridge Corporation Ltd, is valued at ₹571.81 Crore and is to be executed on EPC mode. The JV includes SPS Constructions India Private Limited, with a 50:50 participation ratio. The project is expected to be completed within 36 months.
Key Highlights
- PNC Infratech JV is L1 bidder for Ganga River bridge project in Kanpur.
- The project is valued at ₹571.81 Crore and will be executed on EPC mode.
- JV partners PNC Infratech and SPS Constructions share a 50:50 participation ratio.
- The project is awarded by UP State Bridge Corporation Ltd (UPSBC).
- The project's completion period is set at 36 months.
PNCINFRACivil Construction
PNC Infratech LtdPrice Impact