For the up gradation of the infrastructure of the existing Industrial Estate at Narela in NCT Delhi and to develop a sustainable frame work for the Industrial Estate Management, DSIIDC sought active private sector efficiencies and called for the proposals on PPP basis for the redevelopment & management of the Narela Industrial Complex for 15 years period. There in PNC INFRATECH LIMITED emerged as the successful bidder and incorporated a Special Purpose Vehicle (SPV) in name and form of PNC Delhi Industrialinfra Pvt. Ltd as the concessionaire for the work. DSIIDC entered into the Concession Agreement on 19th July,2011 with PNC Delhi Industrialinfra Pvt. Ltd and PNC Infratech Limited for the redevelopment of the industrial estate involving design, engineering, financing, redevelopment/rehabilitation, construction operation and maintenance of the basic infrastructure including roads, drainage, water supply, waste water, solid waste, parking, horticulture, street lighting located within the industrial estate at Narela.

The promoter company PNC Infratech Limited is an establish infrastructure development group whose profile is as below:

PNC Infratech Limited is one of the premiere construction company, engaged in the construction of highways, runways, bridges, flyovers, power transmission lines. Company has a track record of successfully executing several construction projects on time. The company has been certified with ISO 9001:2008 for following a well-defined quality management system.

Company has been entrusted with construction of high value EPC turnkey projects for core organizations including Military Engineer Service (Ministry of Defence, Govt. of India), National Highways Authority of India, and Airport Authority of India. Uttar Pradesh Power Corporation Limited, RITES Ltd., Madhya Pradesh Road Development Corporation Ltd. (MPRDC), Uttar Pradesh State Highways Authority (UPSHA), Haryana State Road & Bridges Development Corporation Limited (HSRDC) and Delhi Sate Industrial & Infrastructure Development Corporation Ltd. (DSIIDC) and Public Works Department of various State Governments.

Drawing from the experience of promoters, company has gained specialization in pioneering large scale EPC contracts within the stipulated time frame. Company has been awarded with bonus by the NHAI for the completion of one of its projects before the scheduled time. Recently, company forayed into execution of highway projects on a BOT basis in highway sector, from National Highway Authority of India (NHAI), Madhya Pradesh Road Development Corporation Ltd. (MPRDC), Uttar Pradesh State Highways Authority (UPSHA), and Delhi Sate Industrial & Infrastructure Development Corporation Ltd. (DSIIDC) and begged four such projects independently and one project in Joint Venture aggregating to more than Rs. 2500 Crore, in 2011 alone.