NYLIM Jacob Ballas puts Rs 150cr in EPC firm PNC Infratech

Private equity player NYLIM Jacob Ballas India Fund III, LLC (NYLIM-JB Fund) has invested Rs 150 crore in Agra-based infrastructure ancillary firm PNC Infratech Ltd (PNC), which specialises in construction of highways, bridges, flyovers and airport runways.

January 13, 2011 / 18:22 IST

Private equity player NYLIM Jacob Ballas India Fund III, LLC (NYLIM-JB Fund) has invested Rs 150 crore in Agra-based infrastructure ancillary firm PNC Infratech Ltd (PNC), which specialises in construction of highways, bridges, flyovers and airport runways. The engineering, procurement and construction (EPC) firm has built over 1,000 km highways and executed 17 airport runway projects till date.

The PE firm, which continues to place bets on infrastructure enabler firms, has previously infused Rs 152 crore into SEW Infrastructure Ltd, an EPC company in Hyderabad.

PNC Infratech claims to be a leader in the construction of airport runways and enjoys

first published: Jan 13, 2011 05:24 pm

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