PNC Infratech Limited on the weekend announced that its joint venture with SPML Infra Limited has been declared as the lowest bidder for rural water supply projects in 979 villages in the Devipatan division of Uttar Pradesh. The company has a 95 pc share in the JV. The value of the EPC project is Rs 979 crore, approx, and the exact value would be known at the time of the agreement, after preparation and approval of DPR for the project, the company clarified in a press release to the exchanges.

The water supply project includes the survey, design, preparation of detailed project report (DPR), construction, commissioning, and operation and maintenance for 10 years in the said villages. The project is to be constructed and put on trial in 21 months upon signing of the agreement and then further operated for 10 years, post-commissioning. This is the second project secured by the company in the drinking water supply sector.

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