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.
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