PNC Infratech subsidiaries receive Appointed Dates for two Bihar highway HAM projects
PNC Infratech's two subsidiaries received Appointed Dates on October 6, 2025, for two 6-lane Greenfield Varanasi - Ranchi - Kolkata Highway HAM projects in Bihar.
The projects are substantial infrastructure developments with long construction and operation periods, ensuring future revenue streams and order book visibility. The financial impact will be realized over the project lifecycle.
The announcement of Appointed Dates for two significant Hybrid Annuity Mode (HAM) projects indicates the commencement of new revenue-generating projects for the company's subsidiaries.
PNC Infratech Limited announced that its two subsidiaries, Varanasi Kolkata Highway Package 2 Private Limited and Varanasi Kolkata Highway Package 3 Private Limited, have received the Appointed Dates for two Hybrid Annuity Mode (HAM) projects from the National Highways Authority of India (NHAI) on October 6, 2025. * Varanasi Kolkata Highway Package 2 Private Limited: This project involves the construction of a 6-lane Greenfield Varanasi - Ranchi - Kolkata Highway (from km 27+000 to km 54+000) under Bharatmala Pariyojana in Bihar. * The Appointed Date is October 6, 2025. * The construction period is 730 days from the Appointed Date. * The operation period is 15 years post construction. * Varanasi Kolkata Highway Package 3 Private Limited: This project involves the construction of a 6-lane Greenfield Varanasi - Ranchi - Kolkata Highway (from km 54+000 to km 90+000, total length: 36 Km) under Bharatmala Pariyojana in Bihar. * The Appointed Date is October 6, 2025. * The construction period is 730 days from the Appointed Date. * The operation period is 15 years post construction.
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