PNC Infratech Ltd signs concession agreement with NHAI for a HAM Project

PNC Infratech Limited has announced the signing of concession agreement between National Highways Authority of India and the Special Purpose Vehicle incorporated by the Company for implementation of the following Hybrid Annuity Mode (HAM) Project Package on 8 September 2022.

Four Laning of Sonauli - Gorakhpur section of NH-29E from Design Ch. 0+000 to Design Ch. 79+540 on Hybrid Annuity Mode in the state of Uttar Pradesh.

The above project is to be constructed in 24 months, upon declaration of appointed date and operated for 15 years, post construction.

Source : Equity Bulls

Keywords

PNCInfratech NHAI SPV ConcessionAgreement HAMProject