PNC Infra bags Rs.140-cr airport runway contract

PNC Infratech has said that it has been declared as the lowest bidder for a contract in Uttar Pradesh for resurfacing the runway at an Air Force station. ´PNC Infratech Ltd was declared the L1 (lowest) bidder for the project of extension and resurfacing of runway at Air Force Station, Bakshi Ka Talab, near Lucknow. The bid amount for this project of Military Engineering Services, Government of India, is Rs. 140.6 crore,´ the company said in a statement. The price bids were opened with PNC´s bid being declared the lowest. ´This is the second EPC (engineering, procurement and construction) contract won by the company in the current financial year, having won a Rs.120-crore bid last month for upgrade of a PWD road in Aligarh, UP,´ the company said.