PNC Infratech has been declared the lowest (L1) bidder by the City & Industrial Development Corporation of Maharashtra Ltd (CIDCO) for an engineering, procurement, and construction (EPC) project.

The project focuses on the integrated infrastructure development of roads with a width of 20 meters and above. It includes the construction of several structures such as flyovers, minor bridges, and allied electrical works, including street lighting.

This project is part of the larger NAINA (Navi Mumbai Airport Influence Notified Area) project aimed at enhancing infrastructure around the upcoming Navi Mumbai Airport.

Securing this bid is a significant win for PNC Infratech, positioning the company to play a pivotal role in Maharashtra’s infrastructure development. The company’s ability to win this large-scale project reflects its growing presence in India’s construction and infrastructure sectors.

PNC Infratech Share Price history

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Day Open Close Day’s change
Wed, Oct 9 2024
₹427.90
₹428.65
+0.41%
Tue, Oct 8 2024
₹416.55
₹426.90
+2.20%
Mon, Oct 7 2024
₹427.25
₹417.70
-1.82%
Fri, Oct 4 2024
₹432.05
₹425.45
-1.42%
Thu, Oct 3 2024
₹442.00
₹431.60
-3.97%
Tue, Oct 1 2024
₹450.00
₹449.45
+0.71%
Mon, Sep 30 2024
₹434.45
₹446.30
+2.94%
Fri, Sep 27 2024
₹439.30
₹433.55
-1.19%

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TOPICS: PNC Infratech