PNC Infratech Ltd has announced a major project win in Bihar after emerging as the lowest bidder in a tender floated by the Bihar State Road Development Corporation (BSRDC). The infrastructure player has been awarded the construction of a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road, marking yet another addition to its growing portfolio of national and state-level contracts.
PNC Infratech has secured a contract worth ₹495.54 crore (excluding GST) for building a 21.30 km stretch under the EPC model, falling under Package No. BSFIP-IV. The project, to be executed over 1,095 days (three years) from the start date, saw PNC emerge as the lowest (L1) bidder when financial bids were opened on September 4, 2025.
This fresh order is expected to further strengthen the company’s role in Bihar’s infrastructure development, where roads and bridges are central to the state’s connectivity plans. The company highlighted that the project will enhance its track record in complex civil works, with Company Secretary and Compliance Officer, Tapan Jain, confirming that the contract will be delivered within the stipulated timeframe.
Founded in 1999, PNC Infratech has grown into one of India’s leading infrastructure development companies, with expertise across highways, bridges, airport runways, and water supply projects. The company operates under various models, including EPC, BOT, and HAM, and has built a reputation for timely project execution.
Read More: Dharan Infra-EPC Secures EPC Work Orders Worth from Skymax Infra and Executes OTS with Canara Bank!
As of September 5, 2025, at 12:13 PM, PNC Infratech share price is trading at ₹308.65 per share, reflecting a gain of 1.18% from the previous closing price. Over the past month, the stock has declined by 0.99%.
With this ₹495.54 crore contract, PNC Infratech has further cemented its reputation as a trusted partner in road and bridge construction. The project’s timely completion will contribute significantly to Bihar’s road infrastructure, underlining the company’s ongoing role in advancing India’s connectivity and development goals.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Sep 5, 2025, 12:36 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
