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| Exchange Received Time 24/03/2017 11:35:02 Exchange Disseminated Time 24/03/2017 11:35:04 Time Taken 00:00:02 | | We send herewith a copy of Press Release that is being issued by the Company, in connection with the Company being declared the L1 (lowest) bidder in the following two (2) hybrid annuity highway projects of NHAI for an aggregate Bid Project Cost (BPC) of Rs. 2720.0 crore. 1. Four laning Jhansi-Khajuraho section of NH 75/76 (Package I) from km 0.00 to km 76.30 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1410.0 crores. Five firms participated in the bidding and the price bids were opened on Thursday, March 23, 2017, with PNC's bid being the lowest (L1). 2. Four laning Jhansi-Khajuraho section of NH 75/76 (Package II) from km 76.30 to km 161.70 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1310.0 crores. Six firms participated in the bidding and the price bids were opened on Thursday, March 23, 2017, with PNC's bid being the lowest (L1). |
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