PNC Infratech bags 2 NHAI projects for Rs 400 cr

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New Delhi, Jan 29 (UNI) Infrastructure firm PNC Infratech Ltd today said it has bagged two projects by the National Highway Authority of India (NHAI) worth Rs 200 crore each.

''The projects--one at Dholpur-Morena section of NH3 in Rajasthan and the other for development of an expressway in Jarora-Nayagaon section in Madhya Pradesh--on Build Operate Transfer basis at Rs 200 crores each,'' said PNC Infratech CMD Pradeep Kumar Jain.

The company has already executed eight major projects in the development of express highways and runways in the last seven years costing around Rs 337 crores, including the Agra-Gwalior National Highway.

The company is presently executing seven major projects worth Rs 600 crores, Mr Jain said.

The company is also planning to diversify into the power sector for laying down transmission and distribution network and railway doubling.

UNI SR PDT GC1759

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