PNC Infratech Limited — Important, 10-12-2024: General Updates

PNC Infratech Limited has successfully completed the "Four Laning of NH 5308" project from Caju Village to Devinagar Bypass in Uttar Pradesh, executed through its subsidiary, Hathras Highways Private Limited. A Provisional Completion Certificate (PCOD) was issued on December 10, 2024, marking the project as ready for commercial operations from October 31, 2024, two months ahead of the scheduled completion date. The project, executed under the Hybrid Annuity Model, has a total cost of ₹738 crore, with the company poised to receive an early completion bonus of ₹1.428 crore from the National Highways Authority of India (NHAI). This development enhances PNC's operational capabilities and financial outlook, indicating potential growth opportunities.