PNC Infratech receives LoA for Package 4 of Nagpur-Mumbai Super Communication Expressway.
Date: September 01, 2018
PNC Infratech Limited has announced the receipt of Letter of Acceptance (LOA) from Maharashtra State Road Development Corporation Ltd. (MSRDC) for the 54.4 km long 4th Package of Nagpur-Mumbai Six Lane Super Communication Expressway (Maharashtra Samruddhi Mahamarg) from Km. 162.667 to Km. 217.023, on EPC basis for a negotiated contract quoted price of Rs. 1999.52 crore on 30 August 2018. Construction of the project is to be completed in 30 months from the appointed date.
The price bids for the above package were opened on May 31, 2018, with the company's bids being the lowest (L1).