PNC Infratech’s wholly-owned subsidiary, PNC Meerut Haridwar Highways, has achieved financial closure for the project on 10 February 2021.
The scope of work involves 53.95 km long four-laning of Meerut-Nazibabad section of NH-119 (New NH-34) in the state of Uttar Pradesh under Bharatmala Pariyojana.
The bid project cost is Rs 1,412 crore with construction period of 730 days and concession period including construction period of 17 years.