
KNR Constructions bags road projects worth Rs. 2,964 cr.
KNR Constructions Ltd. has bagged two hybrid annuity projects with bid project cost of Rs. 2,964.07 crore from the National Highways Authority of India (NHAI).
In a regulatory filing made to the BSE, the Hyderabad-based construction and infrastructure company said these works include six-laning of a stretch on NH-140 from Chittoor to Mallavaram in Andhra Pradesh under Bhartmala Pariyojana.
The project has a concession period of 17.5 years including construction period of 2.5 years from the appointed date, with a bid project cost of Rs. 1,730.07 crore.
The second project also entails four-laning of NH-161 from Ramsanpalle to Mangloor in Telangana also under Bharatmala Pariyojana.
The project has a concession period of 17 years,with a bid project cost of Rs. 1,234 crore.
here is company details.
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