PNC Infratech Ltd are one of the front ending Indian infrastructure construction, development and management companies in the country, with wide experience and proven expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities with an established track record of successful execution of projects across sectors and geographies.

The company provides end-to-end infrastructure implementation solutions that include engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis as well as on an item rate basis. The company also execute and implement projects on a 'Design-Build- Finance-Operate-Transfer' ('DBFOT'), Operate-Maintain-Transfer (OMT) and other PPP formats. It is one of the very few infrastructure companies in the country that have proven investment, development, construction and management capabilities.

Business area of the company

The company is engaged in India’s infrastructure development through the construction of highways including BOT (built, operate and transfer projects), HAM (Hybrid Annuity Model), Airport Runways, Bridges, Flyovers and Power Transmission projects, among others.

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 1,500 million 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 5000 million 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 3,380 million;
• 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 1,500 million 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 20242 million
• 2017: Awarded four highway projects on Hybrid Annuity Model (HAM) with an aggregate Bid Project Cost of Rs 50350 million 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 582.3 million 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. 25,200 million
• 2018: Received Rs. 337.3 million 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 6596.0 crore.
• 2020: Secured Two New Highway Projects on EPC Mode form National Highways Authority of India for Aggregate Contract Value of 1547.8 crore.