PNC Infratech receives LoAs for Delhi-Vadodara alignment
The aggregate contract value is Rs 1,547.80 crore
PNC Infratech has received letters of acceptance (LoAs) for two EPC projects of Delhi-Vadodara Alignment of eight-lane access-controlled greenfield expressway from the National Highways Authority of India (NHAI). The aggregate contract value is Rs 1,547.80 crore.
The scope of work involves construction of eight-lane access-controlled expressway starting from Junction with NH-47 near Bhamaiya village and ending at Junction with SH-175 in Baletiya village in Panchmahal district (ch 780.920 to 803.420; design ch 328.500 to ch 351.000) under Bharatmala Pariyojana in the state of Gujarat for a contract value of Rs 758.40 crore, with completion time of 24 months.
The scope of work also involves construction of eight-lane access-controlled expressway starting from Junction with SH-63 near Pratap Nagar village and ending at Jjunction with NH-1 near Dodka village of Vadodara district (ch 824.920 to ch 844.382; design ch 372.500 to ch 391.962) section under Bharatmala Pariyojana in Gujarat, for a contract value of Rs 789.40 crore, with completion time of 24 months.
The Central government had earlier rejected bids of two Chinese companies that emerged as the lowest bidders for developing two stretches. The companies were subsidiaries of Jiangxi Construction Engineering Corporation.