business π§ Controversy looms as company wins big highway contracts
PNC Infratech secured two NHAI concession agreements valued at Rs 3,483 crore for NH-927 projects in Uttar Pradesh. This development is notable as the company is already under CBI scrutiny regarding the Kanpur-Lucknow Expressway. The recent Rs 4,200-crore expressway faced serious damage and cracks shortly after opening, leading to NHAI action. Despite this, PNC Infratech signed the agreements on July 16, 2026, for projects in Barabanki-Mustafabad and Mustafabad-Biswan. Questions are now being raised about awarding new contracts to a company under regulatory review.