MoneyWorks4Me

KNR Construction’s arms get financial closure for projects in Andhra Pradesh, Tamil Nadu

12 Jan 2019 Evaluate

KNR Construction’s two wholly owned subsidiary companies -- KNR Tirumala Infra and KNR Chidambaram Infra have received the financial closure letter from the National Highways Authority of India.

KNR Tirumala Infra has received financial closure for 6 laning of Chitter to Mallavaram section of NH-140 from under Bhartmala Pariyojana in the state of Andhra Pradesh and KNR Chidambaram Infra has received financial closure for 2 laning with Paved Shoulder of Meensurutti to Chidambaram Section of NH- 227 under Bhartmala Pariyojana, Phase I in the state of Tamil Nadu.

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.

Peers
Company Name CMP
Larsen & Toubro 3675.00
Kalpataru Projects 1420.00
NCC 124.65
Rail Vikas Nigam 197.45
KEC International 359.85
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