
PNC Infratech has signed two NHAI concession agreements worth Rs 3,483 crore for four-lane NH-927 projects in Uttar Pradesh, India Today reports. The Barabanki-Mustafabad and Mustafabad-Biswan stretches are due for completion within…
PNC Infratech has signed two NHAI concession agreements worth Rs 3,483 crore for four-lane NH-927 projects in Uttar Pradesh, India Today reports. The Barabanki-Mustafabad and Mustafabad-Biswan stretches are due for completion within 24 months and operation for 15 years.

The company is under scrutiny after the Kanpur-Lucknow Expressway, opened on 13 July at a reported Rs 4,200 crore, developed sinking and surface slippage within weeks. NHAI has suspended toll collection, begun penalty and possible debarment proceedings, and issued show-cause notices. India Today also reports CBI scrutiny in a 2024 Rs 10 lakh bribery case. The blacklisting process allows the company to respond before a final decision.
Some commentary treats the new awards as proof that NHAI ignored road failures, while the opposite camp may dismiss the damage as a minor monsoon defect. Both claims run ahead of the record. A show-cause notice is not a finding, and a CBI case is not a conviction. The practical test is whether NHAI publishes its technical findings, explains the contract decision and enforces penalties if defects are confirmed. The final debarment decision will show how seriously oversight worked.
Sources (2): indiatoday.in, indiatoday.in (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.