PNC Infratech Subsidiary Receives Bonus Annuity For Road Project In Uttar Pradesh
2018-05-09 Announcements Construction Northern India
PNC Infratech Limited announces receipt of Rs. 33.73 crore towards the 'Bonus Annuity' by one of its subsidiary companies namely PNC Raebareli Highways Private Limited (Concessionaire) for early completion of 'Two Laning with Paved Shoulders of 166.440 km long Raebareli to Jaunpur Section of NH-231 Project in the state of Uttar Pradesh under NHDP IV on BOT (Annuity) basis from National Highways Authority of India(NHAI) on 8th May 2018. The Completion Certificate for the project has been issued w.e.f. 27th February 2016, which was 96 days ahead of the Scheduled Completion Date of 2 nd June 2016.