Image Source: The Financial Express
PNC Infratech Ltd (PNCI.NS), a leading name in India’s infrastructure construction sector, has secured a significant order under the Bihar State Road Development Corporation (BSRDC) for the construction of a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road in Bihar. Valued at ₹4.96 billion (₹495.54 crore) exclusive of GST, this project further strengthens PNC’s position as a key player in India’s infrastructure development and reflects the company’s expanding footprint in complex civil engineering projects.
Project Specifics and Scope
The contract involves constructing a high-level bridge and an approach road spanning approximately 21.3 kilometers.
Execution will be on an Engineering, Procurement, and Construction (EPC) basis, with a contract period of 1,095 days (approximately three years).
The project is expected to enhance connectivity and transport infrastructure in a region critical to Bihar’s socio-economic development.
Strategic Importance for PNC Infratech
Winning the tender as the lowest (L1) bidder highlights PNC Infratech’s competitive edge in bidding for large-scale infrastructure projects.
This order complements the company’s extensive portfolio in road, bridge, airport construction, and other infrastructure segments across India.
The project underscores PNC’s capability in managing complex civil works that contribute to regional development and connectivity.
Financial and Market Impact
The ₹4.96 billion order is a substantial addition to PNC’s robust order book, which stood strong with several multi-crore wins in FY26, including coal mining, solar EPC, and airport development contracts.
PNC Infratech’s consistent project wins, including this recent project in Bihar, are expected to support a projected revenue growth of 15-20% in FY26.
Market reactions were positive, with PNC Infratech’s shares recording gains following the announcement, demonstrating investor confidence in the company’s growth prospects.
Infrastructure Sector and Regional Development
Bihar’s infrastructure development is pivotal for improving connectivity, reducing logistics costs, and fostering economic growth in the region.
The new bridge and approach road are expected to facilitate smoother transportation, improve access to markets, and enhance safety for commuters and goods transporters.
Development projects such as these align with government initiatives targeting infrastructure modernization and regional economic integration.
Conclusion
PNC Infratech Ltd’s recent order win for a ₹4.96 billion bridge and road project in Bihar reflects its expanding leadership in India’s infrastructure development arena. The project not only adds strategic value to PNC’s growing order book but also plays a vital role in enhancing regional connectivity and economic growth. Backed by a strong pipeline of orders and proven execution capabilities, PNC Infratech is well-positioned to deliver sustained growth and create long-term value for stakeholders across infrastructure verticals.
Sources: Reuters, Construction World, ICICI Direct, Business Today, PSU Connect
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