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PNC Infratech subsidiary receives in-principle approval for asset divestment
The divestment, subject to statutory and regulatory approvals, involves the transfer of assets to the Highways Infrastructure Trust (InvIT). This step aligns with PNC Infratech's strategic focus on optimizing its portfolio and aligning with the InvIT framework.
 
                  
 
                  
PNC Infratech gets bonus for early completion of Rs 738 crore NHAI project
As a result of the early completion, the concessionaire, Hathras Highways Private Limited, is entitled to an early completion bonus of ₹14.28 crore, payable by NHAI along with the first annuity payment.
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
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