- CEO
- Pradeep Kumar Jain
- Full Time Employees
- 7,622
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- PNC House Agra UP India 282002
- IPO Date
- May 26, 2015
- Business
- PNC Infratech Limited is an Indian infrastructure development and construction company providing end-to-end infrastructure solutions including engineering, procurement, and construction (EPC) services on a fixed-sum turnkey basis. The company operates across multiple segments such as highways, bridges, flyovers, airport runways, industrial area development, power transmission lines and towers, irrigation, mining infrastructure, and urban development projects. PNC Infratech implements infrastructure projects through various public-private partnership models including Design-Build-Finance-Operate-Transfer (DBFOT), Operate-Maintain-Transfer (OMT), Build-Operate-Transfer (BOT), and Hybrid Annuity Mode (HAM). Its service offerings extend to operation and maintenance (O&M) services for infrastructure assets, targeting government entities, private sector clients, and infrastructure investors in India. Founded in 1999 and headquartered in New Delhi, the company also engages in managing industrial parks, warehouses, logistics hubs, and water infrastructure including dams, canals, and barrages.
Recent major corporate developments include the strategic divestment of 12 road asset special purpose vehicles (SPVs) to Highway Infrastructure Trust (HIT), an Infrastructure Investment Trust affiliated with KKR & Co. Inc., which was approved by the Competition Commission of India in 2024. This transaction involved transferring 100% equity stakes in 11 National Highway HAM assets and one state highway BOT toll asset, with an enterprise value of approximately Rs 9,005 crore. The divestment aims to optimize capital allocation and strengthen the company’s focus on core EPC operations. Additionally, PNC Infratech has secured multiple large-scale EPC contracts recently, including National Highway projects worth over Rs 1,000 crore and Hybrid Annuity Model projects, and it received a bonus annuity for early completion of highway projects. The company is actively working to monetize and gain financial closure on remaining assets by fiscal year 2025.
PNC Infratech is known for its significant expertise in highway construction, industrial infrastructure development, power transmission projects, and urban infrastructure enhancement. Its integrated approach covers design, construction, financing, and long-term operation of infrastructure, making it a prominent player in India’s infrastructure sector. The company’s recent focus on asset monetization through strategic partnerships and divestments reflects a shift toward strengthening its financial position while continuing expansion in EPC contracting and infrastructure services nationwide.