PNC Infratech Secures ₹194.40 Crore Flyover Project from Lucknow Development Authority
PNC Infratech received a Letter of Acceptance from Lucknow Development Authority for a ₹194.40 Crore flyover construction project. The project, to be executed on an EPC basis, has a completion period of 24 months. This award marks a significant new order for the company.
The project value of ₹194.40 Crore is substantial and will contribute to the company's order book and future revenue, but it's not a transformative deal for the entire company.
The company has secured a new significant project, which is positive for its business and revenue prospects.
PNC Infratech Limited has announced the receipt of a Letter of Acceptance (LOA) from the Lucknow Development Authority, Uttar Pradesh. The project involves the construction of a 4-lane flyover with two loops and two ramps at the Shaheed Path Intersection, on the right bank of the Gomti River in Lucknow, Uttar Pradesh, on an Engineering, Procurement, and Construction (EPC) basis.
The total contract value for this project is ₹194.40 Crore, excluding Goods and Services Tax (GST). The company received this LOA on June 1, 2026, and the project is to be executed within a completion period of 24 months.
This award follows earlier announcements made by the company on May 7, 2026. The entity awarding the contract is the Lucknow Development Authority, a domestic entity. PNC Infratech Limited has confirmed that its promoters, promoter group, or group companies do not have any interest in the entity that awarded the order, and it does not fall within the scope of related party transactions.
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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.