PNC Infratech Subsidiary Secures Appointed Date for 35.2 Km Bihar HAM Highway Project
Receiving the Appointed Date for a 35.2 Km HAM highway project is a crucial milestone, enabling the start of construction and revenue generation, thereby having a high impact on the company's operational performance and financial outlook.
The declaration of the Appointed Date signals the commencement of a significant Hybrid Annuity Mode (HAM) project, which will contribute to the company's order book execution and future revenue streams.
* PNC Infratech Limited's subsidiary, Varanasi Kolkata Highway package 6 private Limited, received the Appointed Date on 9 September 2025 for a Hybrid Annuity Mode (HAM) project. * The communication was received from the Project Implementation Unit of National Highways Authority of India (NHAI) - Aurangabad (Bihar). * The project involves the construction of a 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway, Package 6, spanning 35.2 Km (from km 116+000 to km 151+200) in the state of Bihar. * This project falls under the Bharatmala Pariyojana. * The contractual period includes a construction period of 730 days from the Appointed Date, followed by an operation period of 15 years post-construction.
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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 high impact, which is the band that most often changes something.
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