PNC Infratech receives LoI for Purvanchal Expressway EPC projects

PNC Infratech on Friday informed the exchanges of the receipt of Letters of Intent from Uttar Pradesh Expressways Industrial Development Authority for two contiguous EPC packages of the Lucknow-Ghazipur Six-Lane Access Controlled Purvanchal Expressway Project for an aggregate contract value of ₹2,520 crore. Construction of each package is to be completed within 36 months, it further said. Shares of PNC Infratech closed flat at ₹147.80 on the NSE