PNC Infratech Share Price in Focus; Emerges L1 Bidder for ₹194.40 Crore EPC Project in Uttar Pradesh

PNC Infratech Limited share price is expected to remain in focus after the company emerged as the lowest bidder for a major infrastructure project in Uttar Pradesh.  

Company Emerges as L1 Bidder 

According to the company’s exchange filing, PNC Infratech has been declared the L1 (first lowest) bidder for an EPC project awarded by the Lucknow Development Authority. The quoted project value stands at ₹194.40 crore. 

Project Involves Flyover Construction in Lucknow 

The project involves the construction of a 4-lane flyover along with 2 loops and 2 ramps at the Shaheed Path intersection on the right-hand side bank of the Gomti River in Lucknow, Uttar Pradesh.  

The project will be executed under the Engineering, Procurement and Construction (EPC) model. 

Execution Timeline Fixed At 24 Months 

The company stated that the project carries a completion timeline of 24 months from commencement.  

The order is expected to strengthen the company’s infrastructure execution pipeline, particularly in the roads and urban mobility segments. 

Focus On Urban Infrastructure Development 

Large-scale flyover and connectivity projects continue to remain a major part of infrastructure expansion initiatives across urban centres in India. 

The latest project is aimed at improving traffic movement and easing congestion around key transport corridors in Lucknow. 

Domestic Infrastructure Order 

PNC Infratech clarified that the order has been awarded by a domestic entity and does not involve any related-party transactions.  

The company also confirmed that none of its promoter group entities have any interest in the awarding authority. 

Read More: PNC Infratech Share Price Gains Over 7%; Emerges L1 Bidder for 2 NHAI Highway Projects 

PNC Infratech Share Price Performance 

As of 08 May 2026, at 9:26 AM, PNC Infratech share price is trading at ₹224.81 per share, reflecting a surge of 0.39% from the previous closing price. 

Conclusion 

The ₹194.40 crore Lucknow flyover project adds to PNC Infratech’s infrastructure order pipeline and strengthens its position in urban transport and EPC execution projects. 

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