PNC Infratech Subsidiary Receives Provisional Completion Certificate for HAM Project
PNC Infratech's subsidiary received a Provisional Completion Certificate for a HAM highway project in Uttar Pradesh. The project, with a bid cost of ₹819.0 Crores, is fit for commercial operations from March 31, 2026. The certificate was issued on May 8, 2026.
The completion of a project, especially an infrastructure one, signifies progress and potential revenue generation. While it's a positive step, the direct financial impact will be realized as commercial operations commence and revenue streams begin.
The company has received a provisional completion certificate for a significant infrastructure project, indicating progress and moving towards commercial operations, which is a positive development.
PNC Infratech Limited has announced the receipt of the Provisional Completion Certificate (PCC/PCOD) for a Hybrid Annuity Mode (HAM) project executed by its subsidiary, Prayagraj Kaushambi Highway Package 3 Private Limited. The project, "Construction of 4-lane highway from Km 49.155 to Km 74.700 (Singraur Uphar to Baranpur Kadipur Ichauli) of NH-731A with paved shoulders (i/c Ganga Bridge) in the state of Uttar Pradesh on Hybrid Annuity Mode (Package-III)", has been declared fit for entry into commercial operations effective March 31, 2026.
The Independent Engineer issued the certificate on May 8, 2026. The project's appointed date was February 1, 2024, with a scheduled completion date of January 31, 2026. The provisional completion date achieved is March 31, 2026, which includes a 90-day grace period from the scheduled completion date. The bid project cost is ₹819.0 Crores, plus any Price Index Multiple amount as per the Concession Agreement. The authority for the project is the Ministry of Road Transports & Highways (MoRT&H), acting through Uttar Pradesh Public Works Department (UPPWD).
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PNC Infratech Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. 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.