PNC Infratech Limited has formally announced that it has emerged as the L-1 (First Lowest) bidder for a significant infrastructure project awarded by the Airports Authority of India (AAI). The contract involves the detailed design, engineering, procurement, and construction of both cityside and airside works at Pantnagar Airport in Uttarakhand.

The scope of the project encompasses a wide array of civil and electrical infrastructure, including the construction of a new domestic terminal building, parking facilities, electrical sub-stations, and approach roads. Furthermore, the airside development involves the extension and strengthening of the runway, taxiways, apron, and the installation of essential systems such as NAV-AIDS, runway lighting, and IT infrastructure. The contract is valued at Rs. 302.44 Crores (excluding GST) and is scheduled for execution over a period of 24 months.

PNC Infratech Limited is a prominent Indian infrastructure construction company specializing in the execution of major highway, bridge, and airport projects. Throughout 2025, the company has remained active in strengthening its order book through strategic EPC bids across India. The company continues to focus on enhancing its operational capabilities and expanding its footprint in the public infrastructure sector, adhering to rigorous engineering and construction standards.

As this specific announcement pertains to the declaration of the L-1 bidder status rather than quarterly financial results, detailed revenue and profit growth figures are not included in this update. The company has confirmed that there is no interest from the promoter or group companies in the entity awarding this contract, and the project is considered an arm’s length domestic transaction.