Logistics

KNR Constructions bags road projects worth Rs 2,964 cr

V Rishi Kumar Hyderabad | Updated on March 27, 2018 Published on March 27, 2018

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.

Published on March 27, 2018
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