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Delhi High Court Stays NHAI Debarment Orders Against PNC Infratech
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CNBC TV18•13-10-2026, 22:56
Delhi High Court Stays NHAI Debarment Orders Against PNC Infratech
- •The Delhi High Court has stayed the debarment orders issued by the National Highways Authority of India against PNC Infratech and its SPV Awadh Expressway.
- •PNC Infratech confirmed that its construction, development, operations, and maintenance activities will remain unaffected by the legal proceedings.
- •The initial debarment in September barred the company from bidding for NHAI and MoRTH projects for three years due to structural distress on the Kanpur-Lucknow Expressway Package-II.
- •NHAI accounts for nearly 36 percent of PNC Infratech's overall order backlog of 19,200 crore rupees as of June.
- •Following the court relief, shares of PNC Infratech surged by 13.30 percent to close at 156.70 rupees on the BSE.
Key Questions Answered
The Delhi High Court issued an order staying the effect of the debarment orders issued by the National Highways Authority of India against PNC Infratech and its special purpose vehicle, Awadh Expressway.
The debarment orders were issued due to issues concerning structural distress reported on the Kanpur-Lucknow Expressway Package-II.
PNC Infratech stated that its development, construction, operations, and maintenance activities, alongside those of its subsidiaries, would remain completely unaffected.
