PNC Infratech has played a pivotal role in shaping India’s infrastructure space, with a strong emphasis on roads and highways. Incorporated in 1999, the company offers comprehensive infrastructure implementation solutions, including Engineering, Procurement, and Construction (EPC) services under both item-rate and fixed-sum turnkey contracts. The company also executes projects through various public-private partnership (PPP) models such as Design-Build-Finance-Operate-Transfer (DBFOT), Hybrid Annuity and OMT. 

The company is among the few infrastructure players in India with proven capabilities in construction, development, operation and long-term asset management, under one roof. The company has a strong track record in executing diverse projects such as bridges, flyovers, airport pavements, roads, highways, expressways, industrial area development, and rural drinking water supply.

Headquartered in North India, the company has built an exceptional execution record, securing a significant order book across the strategically important markets. It has also expanded operations across multiple regions and states, including Delhi-NCR, Uttarakhand, Karnataka, Maharashtra, Uttar Pradesh, Andhra Pradesh, Bihar, Jharkhand, Rajasthan, Haryana, Punjab, Madhya Pradesh, and Gujarat. This expansion demonstrates its pan-Indian capabilities while preserving strong regional expertise.

Business area of the company

The company is an established player in construction, development, operation and management of infrastructure projects. It possesses extensive expertise in delivering complex, large-scale works across core sectors of national importance.

Business segments

• Highway Construction
• BOT-(TOLL)/BOT (Annuity)/OMT/HAM Highway Projects
• Airport Runway Project

Milestones

• 1999: Company was incorporated as 'PNC Construction Company Private Limited'
• 2001: Received 'Super Special' class certification from Military Engineer Services
• 2001: Executed first independent project with the NHAI, being the four-laning of the Agra-Gwalior section of National Highway 3 in Uttar Pradesh
• 2003: Received bonus from the NHAI for ahead of scheduled completion of four-laning of the Agra-Gwalior section on National Highway 3 in Uttar Pradesh, independently
• 2004: Received certification of ISO 9001:2000
• 2005: Executed first international airport runway project for the AAI at Kolkata
• 2006: Crossed Rs 150 crore in Revenues
• 2007: Awarded BOT road project by Madhya Pradesh Road Development Corporation Limited
• 2008: Commenced construction of power transmission lines comprising the construction project of approximately 350 kilometers of 132/220 kv lines on a turn-key basis (excluding supply of towers, conductors and earth-wires for the Uttar Pradesh Power Transmission Corporation Limited)
• 2009: Crossed Rs 500 crore in Revenues;
• 2009: Received a contract to improve the Gurgaon-Nuh-Rajasthan Border (State Highway 13) by four laning, widening, strengthening, providing drains, widening bridges and culverts, retaining structures and other miscellaneous work by the Haryana State Roads and Bridges Development Corporation Limited amounting to Rs 338 crore 
• 2010: Received certification of ISO 9001:2008
• 2010: Awarded first independent BOT road project to improve the Gwalior-Bhind Madhya Pradesh/Uttar Pradesh Border Road, a two-laning project through two sections on National Highway 92
• 2010: Awarded two-laning with paved shoulders contract of Kanpur Kabrai section of National Highway 86 in Uttar Pradesh
• 2010: Awarded project of construction of 132 KV S/C and 220 KV D/C Lines in Uttar Pradesh
• 2011: Received an investment of Rs 150 crore from NYLIM Jacob Ballas, who subscribed to 5,686,833 Equity Shares
• 2011: Executed four-laning of Jaora-Nayagaon section on State Highway 31 in Madhya Pradesh
• 2012: Awarded two-laning project with paved shoulders of Raebareli to Jaunpur Section of National Highway 231 in Uttar Pradesh under NHDP IV
• 2012: Constructed road-over bridge on Ajmer Beawar Road, Old National Highway, including approaches at railway/kilometer 306/8-9 on Ajmer Saradhana Section
• 2012: Constructed Hamipur Kalpi road (State Highway 91) four-lane under Rajya Yojna Samanya, Uttar Pradesh
• 2013: Awarded runway resurfacing project at Air Force Station, Gorakhpur; Awarded and commenced toll collection on OMT basis of the Kanpur-Lucknow section of National Highway 25, Lucknow bypass of National Highway 56A and National Highway 56B and Lucknow-Ayodhya section of NH 28 in Uttar Pradesh on OMT basis by the NHAI for nine years from August 2013.
• 2014: Executed a redevelopment and management project at Narela Industrial ahead of schedule
• 2014: Awarded EPC contract of Agra-Lucknow Expressway Package-I for Rs16357.5 million
• 2014: Entered into a Collaborative MoU with POSCO Engineering and Construction India Private Limited
• 2015: Listed on the NSE and BSE following successful IPO
• 2015: Achieved COD for three BOT-Toll Projects (Ghaziabad Aligarh, Kanpur-Kabrai and Bareilly- Almora) and commenced toll operations.
• 2015: Commenced construction of Agra-Lucknow Expressway Package
• 2016: Completed 166 km long Raebareli-Jaunpur highway project on BOT-Annuity project more than 3 months ahead of schedule in February 2016
• 2016: Four-laning of km 51 to 61 including Chambal Bridge) on Dholpur - Morena Section of NH-3 in the states of Rajasthan and MP completed in June 2016
• 2016: Four laning of Agra Bypass Project connecting km 176.800 of NH-2 and km 13.03 of NH-3 in the state of UP in December 2016
• 2016: Awarded two major NH projects on EPC mode (i) Four laning of Nagina-Kashipur Section of NH 74 (ii) Four laning of Varanasi-Gorakhpur section of NH-29 (Package II) for an aggregate contract price of Rs 2024.2 crore 
• 2017: Awarded four highway projects on Hybrid Annuity Model (HAM) with an aggregate Bid Project Cost of Rs 5035 crore and one of them - Dausa-Lalsot-Kauthun Section HAM project achieved financial closure well before time.
• 2017: Traffic opened on Agra-Lucknow Expressway in February 2017, eleven months ahead of schedule and achieved provisional completion in October 2017
• 2017: PNC Infratech assigned ”Stable” outlook Credit ratings upgraded to stable outlook for projects such as MP Highways Pvt. Ltd., and PNC Raebareli Highways Pvt. Ltd.
• 2018: Awarded three more highway projects on HAM, with an aggregate Bid Project Cost of Rs. 45,130 million till July 2018
• 2018: Received Rs 58.23 crore early completion bonus for Agra-Lucknow Expressway package in February 2018 from Uttar Pradesh Expressways Industrial Development Authority
• 2018: Awarded two contiguous packages of Purvanchal Expressway Project on EPC mode for a total cost of Rs 2520 crore 
• 2018: Received Rs 33.73 crore towards the ‘Bonus Annuity’ PNC Raebareli Highways Private Ltd. in May 2018 from National Highways Authority of India
• 2018: Awarded 4th Package of Nagpur-Mumbai Six Lane Super Communication Expressway in the state of Maharashtra, on EPC basis for a contract price of Rs 1999.52 crore by MSRDC
• 2019: Received final Completion Certificates for two of its EPC Projects awarded by MoRTH (Barabanki - Jarwal and Sonauli-Gorakhpur)
• 2019: Received ‘Provisional Completion Certificate’ “Improvement/Augmentation of 146.4 km long Aligarh-Moradabad Section of NH-93 to two lanes with paved shoulders project, 73 days ahead of the scheduled completion date and entitled for early completion bonus
• 2020: Achieved provisional completion and Commercial Operation Date (COD) for Four Laning / Two Laning with paved shoulders of 83.5 Km Long Dausa Lalsot- Kauthun Section of NH-11 A (Extension) in the State of Rajasthan Under NHDP IV, on Hybrid Annuity Mode.
• 2020: Secured Four New Highway Projects on Hybrid Annuity Mode (HAM), form National Highways Authority of India for aggregate Bid Project Cost of Rs 6596.0 crore.
• 2020: Secured Two New Highway Projects on EPC Mode form National Highways Authority of India for Aggregate Contract Value of Rs 1547.8 crore.
  
• 2021: Secured four-laning of Meerut-Nazibabad section of NH119 under HAM
• 2021: Secured two packages of the Delhi-Vadodara Expressway on EPC mode
• 2021: Commenced construction of the Haraulipur Group of Villages Water Supply Project in Hamirpur, Uttar Pradesh
• 2021: Upgraded canal systems and secured rural water supply projects across multiple districts in Uttar Pradesh
• 2022: Secured three new EPC rural water supply projects for 2,337 villages in Uttar Pradesh
• 2022: Received Letter of Award (LOA) from NHAI for seven new projects on Hybrid Annuity Mode with an aggregate bid project cost of Rs 84,46 crore
• 2022: Achieved provisional completion and COD for four HAM projects; received provisional and final completion certificates for three EPC projects
• 2022: Received Rs 82.68 crore as early completion bonus for Purvanchal Expressway (Package V)
• 2022: Entered Asia Book of Records for bituminous mix laid and longest length constructed in 100 hours at Delhi Vadodara (Package-29)
• 2023: Received Rs 37.02 crore early completion bonus for Purvanchal Expressway (Package VI)
• 2023: Signed Concession Agreements for seven new HAM projects with a total bid cost of Rs 84,46 crore 
• 2023: Secured a railway project from Haryana Orbital Rail Corporation worth Rs 7,71.46 crore 
• 2023: Secured three new HAM highway projects with a total bid cost of Rs 40,83.43 crore 
• 2023: Received Provisional Completion Certificate for 6-laning of Chakeri to Allahabad section of NH-19
• 2024: Received Provisional Completion Certificate for 3 HAM Projects
• 2024: Received Completion Certificate for 2 EPC projects
• 2024: Secured one EPC and one HAM project worth over Rs 18,00 crore 
• 2024: Executed Master Securities Purchase Agreement for divestment of equity in 11 hybrid annuity road assets and 1 toll road asset for Rs 9005.7 crore 
• 2024: Received Rs 42.21 crore toward Arbitration Award for Gurgaon-Nuh Rajasthan Border Road Project
• 2024: Received Rs 250.29 crore from NHAI under the ‘Vivad Se Vishwas’ Scheme toward Arbitration Award published in favour of the Company
• 2025: Received Rs 515.75 crore in terms of the Settlement Agreement executed between NHAI and two of the Company’s subsidiaries from NHAI under the ‘Vivad Se Vishwas’ Scheme with respect to two Arbitration Awards published in favor of the subsidiaries
• 2025: Received Rs 56.39 crore early completion bonus for Nagpur-Mumbai Super Communication Expressway, Package 4 from MSRDC
• 2025: Awarded 2 EPC Road Projects of MSRDC for an aggregate contract price of Rs 4630 crore (Pune Ring Road Package E2 and Jalna Nanded Expressway Package 4)
• 2025: Received Provisional Completion Certificates for 2 HAM Projects (Mathura 1C and Hardoi Bypass)