KNR Constructions’ arms get sanction letters from banks

09 Jul 2018

KNR Constructions’ wholly owned subsidiaries, KNR Tirumala Infra, KNR Chidambaram Infra and KNR Srirangam Infra have received sanction letters from Banks to finance their Hybrid Annuity Mode (HAM) Projects.

KNR Tirumala Infra has received sanction letters for 6 laning of Chittor to Mallavaram section of NH-140 from under Bhartmala Pariyojana in the state of Andhra Pradesh. The bid project cost is Rs 1,730.07 crore and construction period is 2.5 years.

KNR Chidambaram Infra has received sanction letters for 2 laning with Paved Shoulder of Meensurutti to Chidambaram Section of NH-227 under Bhartmala Pariyojana, Phase I (Residual Project under NHDP) in the state of Tamil Nadu. The bid project cost is Rs 482.04 crore and construction period is 2 years.

KNR Srirangam Infra has received sanction letters for 4 laning of Trichy to Kallagam Section of NH-227 under Bhartmala Pariyojana (Residual Project under NHDP) in the state of Tamil Nadu. The bid project cost is Rs 1020.60 crore and construction period is 2 years.

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