KNR Construction's arm gets financial closure for project in Telangana

11 Jan 2019 Evaluate

KNR Construction's wholly owned subsidiary -- KNR Shankarampet Projects has received the financial closure letter from the National Highways Authority of India. The project is for four laning of Ramsanpalle to Mangloor section of NH - 161 in the State of Telangana under Nharatmala Pariyojana. The Bid project cost is Rs 1,234 crore. The construction period is 2 years and concession period is 17 years.

KNR Construction is a multi-domain infrastructure project development company providing (EPC) engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.

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