PNC Infratech in a regulatory filing has informed that it has emerged as the Lowest (L1) Bidder in a tender floated by Airports Authority of India (AAI) for “Development of Lal Bahadur Shastri International Airport Varanasi”.
The project comprising Extension of Runway along with re-carpeting and strengthening of existing runway and allied works.
The quoted contract value stands at ₹297.01 crore, exclusive of GST. The financial bids were opened on 2nd September 2025.
The project is expected to be completed within 18 months.