PNC Infratech (NSE:PNCINFRA, BOM:539150) has been declared the lowest bidder for a contract worth 2.40 billion Indian rupees floated by the Public Works Department-Rajasthan, India, according to a Tuesday filing to the Indian stock exchanges.
The project is for the construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Rajasthan's Bharatpur City.
The contract is expected to be completed in 24 months.
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