PNC Infratech (NSE:PNCINFRA, BOM:539150) has emerged as the lowest bidder for a contract worth 20.91 billion Indian rupees under a tender floated by the City & Industrial Development Corporation Of Maharashtra, India, according to a filing to the stock exchanges on Wednesday.
The contract is for the integrated infrastructure development of roads, construction of major and minor structures, and allied electrical works under the NAINA Project.
The engineering, procurement, and construction (EPC) contract has been awarded to PNC Infratech jointly a company named Aakshya Infra Projects.
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