Two HAM projects on NH-927 will strengthen road connectivity with a 24-month construction timeline and a 15-year operation period.
PNC Infratech Signs ₹3,483 Crore NHAI Highway Contracts in Uttar Pradesh.
PNC Infratech has signed concession agreements with the National Highways Authority of India (NHAI) for two Hybrid Annuity Mode (HAM) highway projects in Uttar Pradesh with a combined bid project cost of ₹3,483 crore. The first project, valued at ₹1,728 crore, covers the construction of a four-lane highway from Barabanki to Mustafabad on NH-927 under Package-I. The second project, worth ₹1,755 crore, involves building a four-lane highway from Mustafabad to Biswariya under Package-II. Both projects will be executed through special purpose vehicles (SPVs) established by PNC Infratech, with concession agreements signed on July 16, 2026. Construction is expected to be completed within 24 months from the appointed dates, followed by a 15-year operation and maintenance period. The projects are expected to improve regional connectivity, enhance transportation efficiency, and support economic growth across Uttar Pradesh while strengthening the state's national highway infrastructure.
