PNC Infratech Awarded Lucknow Flyover Project Worth ₹194.40 Crore

₹194.40 crore is the contract value for the new flyover.
24 months is the stipulated project completion timeline.

Reader Takeaway: A significant new order win boosts revenue visibility; consistent domestic project acquisition remains key.

What just happened

PNC Infratech Ltd announced on May 27, 2026, that it has received a Letter of Acceptance (LOA) from the Lucknow Development Authority. The contract is for the construction of a 4-lane flyover, including two loops and two ramps, at the Shaheed Path Intersection in Lucknow, Uttar Pradesh.

The project is to be executed on an Engineering, Procurement, and Construction (EPC) basis. The total contract value stands at ₹194.40 crore, with a completion period of 24 months.

PNC Infratech has confirmed that this is not a related party transaction, and no promoter or group company has any interest in the Lucknow Development Authority.

Why this matters

This new order win is a positive development for PNC Infratech, as it adds ₹194.40 crore to its order book. It provides revenue visibility for the company over the next two years. The project aligns with PNC Infratech's core business of executing infrastructure projects within India.

The backstory

PNC Infratech is a well-established player in the Indian infrastructure sector, with a focus on road, highway, and bridge construction. The company has a track record of securing projects from various government authorities.

What changes now

This award strengthens PNC Infratech's project pipeline and reinforces its position in the infrastructure development space. It signifies continued business momentum and operational growth.

Risks to watch

Investors will be keen to monitor the company's project execution capabilities to ensure timely completion and profitability, which are crucial for sustained growth.

Peer comparison

While specific real-time peer contract wins are not detailed here, PNC Infratech operates in a competitive infrastructure development sector alongside companies like KNR Constructions, L&T, and Dilip Buildcon.

Context metrics (time-bound)

The ₹194.40 crore EPC contract is a standalone award received in May 2026.

What to track next

Investors should watch for further order inflows and updates on the progress of project execution for this new Lucknow flyover contract.