PNC Infratech Signs Two HAM Projects Worth ₹3,483 Crore with NHAI
PNC Infratech Limited signed concession agreements with NHAI for two HAM highway projects. The aggregate bid project cost is ₹3,483 crore. Projects include construction of 4-lane highways on NH-927 in Uttar Pradesh. Construction is expected within 24 months, followed by a 15-year operation period.
The acquisition of two new HAM projects with a substantial aggregate bid cost of ₹3,483 crore is a major development that will significantly impact the company's revenue and order book.
The company has secured new projects with a significant total bid cost, indicating business growth and expansion.
PNC Infratech Limited has announced the signing of concession agreements with the National Highways Authority of India (NHAI) for two Hybrid Annuity Mode (HAM) highway projects. These agreements were executed on July 16, 2026, late in the evening.
The total bid project cost for these two projects amounts to ₹3,483.00 crore.
The first project involves the construction of a 4-lane highway from Barabanki Design Chainage Km 0+000 to Mustafabad Design Chainage Km 43+030 on NH-927 in Uttar Pradesh. This project, under the NH (O) Scheme (Package-I), has a bid project cost of ₹1728.00 crore and will be implemented by Barabanki Mustafabad Highway Private Limited.
The second project entails the construction of a 4-lane highway from Mustafabad Design Chainage Km 43+030 to Biswariya Design Chainage Km 101+515 on the same section of NH-927 in Uttar Pradesh. This project (Package-II) has a bid project cost of ₹1755.00 crore and will be undertaken by Mustafabad Biswariya Highway Private Limited.
Both projects are scheduled for construction within 24 months from their respective appointed dates and will be operated for a period of 15 years post-construction.
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