PNC Infratech Strengthens Order Book with ₹497 Crore Infrastructure Wins

PNC Infratech Ltd ($PNCINFRA) continues to expand its infrastructure portfolio with fresh project wins worth nearly ₹497 crore. The company has received a Letter of Acceptance (LOA) from the Lucknow Development Authority for a ₹194.40 crore project (excluding GST) to construct a four-lane flyover, along with two loops and two ramps, at the Shaheed Path intersection on the right bank of the Gomti River in Lucknow. The project will be executed on an EPC basis and is scheduled for completion within 24 months. In addition, the company was recently declared the L1 (lowest) bidder for an Airports Authority of India (AAI) project valued at ₹302.44 crore (excluding GST) at Pantnagar Airport, Uttarakhand. The scope includes construction of a new domestic terminal building, parking facilities, electrical sub-station, approach roads, ancillary structures, MEP and electro-mechanical works, airport and IT systems, security infrastructure, as well as runway, apron, taxiway, isolation bay, RESA, navigation aid facilities, runway lighting and other allied works. This project is also expected to be completed within 24 months. These orders highlight PNC Infratech’s continued participation in India’s transport and aviation infrastructure development, providing stronger revenue visibility and reinforcing its execution capabilities across large-scale EPC projects. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.