PNC Infratech JV emerges L1 bidder for ₹571.81 Crore EPC project in UP
PNC Infratech Ltd. JV declared L1 bidder for an EPC project by UP State Bridge Corporation Ltd. The project value is ₹571.81 Crore. The JV will construct a 4-lane bridge over the Ganga River in Kanpur, UP. The contract has a completion period of 36 months.
The order value of ₹571.81 Crore is material for the company and is expected to contribute to its order book and future revenue, but it is not a transformative deal.
The company has been declared the L1 bidder for a significant project, which is a positive development indicating potential future revenue.
PNC Infratech Limited, through a Joint Venture (JV) where it holds a 50% stake, has been declared the L1 (First Lowest) bidder for an EPC project by the UP State Bridge Corporation Ltd. (UPSBC). The project involves the construction of a 4-Lane Major Bridge Over Ganga River with Footpath, connecting Trans Ganga City to Kanpur City, including approach roads and protection works in Kanpur district, Uttar Pradesh.
The total quoted price for this project is ₹571.81 Crore (Rupees Five Hundred Seventy-One Crore and Eighty-One Lakhs only). The JV's bid was declared L1 upon the opening of price bids on May 13, 2026. The other member of the JV is SPS Constructions India Private Limited, also with a 50% participation ratio.
The project is an Engineering, Procurement and Construction (EPC) undertaking awarded by a domestic entity. The completion period for this contract is 36 months. PNC Infratech Limited has stated that neither the promoter nor promoter group or group companies have any interest in UP State Bridge Corporation Ltd.
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PNC Infratech Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by PNC Infratech Limited. Read the original for the full detail.