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KNR Constructions Limited has bagged two Hybrid Annuity Projects with bid project cost of Rs 2,964.07 crore from National Highways Authority of India (NHAI).
In a regulatory filing made to BSE, the Hyderabad-based construction and infrastructure company informed these works includes "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 including construction period of 2 Years from the appointed date, with a bid project cost of Rs 1,234 crore.
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