PNC Infratech Share Price Surges Over 3% on ₹2,956.66 Crore Contract from SECL

PNC Infratech Limited has been declared the L1 (first lowest) bidder by South Eastern Coalfields Limited (SECL) for a large-scale mining services project in Chhattisgarh. The scope includes handling, transportation, and other mining operations such as the hiring of Heavy Earth Moving Machinery (HEMM) for Overburden (OB) removal, coal extraction via surface miners, loading, and transport of coal to various destinations. 

The tender pertains to the Gevra OCP Expansion Project, and the total value quoted by PNC Infratech stands at ₹2,956.66 crore. The financial bids were opened on 28 July 2025.

Project Details and Recent Developments 

The contract was awarded by a domestic entity, SECL, located in Bilaspur, Chhattisgarh. PNC Infratech, a domestic infrastructure company, will execute the contract over a duration of 5 years. 

Recently, PNC Infratech Limited has been selected as one of the lowest (L1) bidders by NHPC Limited for setting up a 300 MW solar power project with a 150MW/600MWh energy storage system anywhere in India. This project, part of a larger 1200 MW initiative, was awarded through tariff-based competitive bidding at ₹3.13/kWh. The project will commence within 24 months from the PPA effective date and will operate for 25 years.

About PNC Infratech

PNC Infratech Limited is a prominent Indian infrastructure company engaged in the development, construction, and management of large-scale projects across sectors such as highways, bridges, airport runways, and urban infrastructure. Renowned for its technical expertise and timely project execution, the company operates through both EPC (Engineering, Procurement, and Construction) and hybrid annuity models. 

Read More: PNC Infratech Secures ₹239.94 Crore Flyover Project in Rajasthan!

PNC Infratech Share Price Performance 

As of July 29, 2025, at 10:35 AM PNC Infratech share price is trading at ₹309.15 per share, reflecting a surge of 3.38%. Over the past month, the stock has declined by 1.17%. The stock's 52-week high stands at ₹529 per share, while its low is ₹240 per share.

Conclusion 

The contract win reinforces PNC Infratech’s strong presence in the infrastructure and mining sector, marking a significant step in its project portfolio expansion while showcasing its competitive edge in large-scale government tenders.

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