Deals28 Mar 2026, 12:01 pm
KNR Constructions Ltd. Wins Hybrid Annuity Contract from NHAI for 4-Laning of NH-167 in Telangana
AI Summary
KNR Constructions Ltd. has received a Letter of Award from the National Highways Authority of India (NHAI) for the construction of 4 laning of NH-167 from Gudebellur to Mahabubnagar in the state of Telangana. The project, awarded under the Hybrid Annuity Mode (HAM), has a bid cost/price of Rs. 1734.00 crores. The construction period is 730 days, followed by a 15-year operation period from the COD. The trading window for dealing in securities of the company will be closed for directors, officers, and designated employees from 28th March 2026 to 29th March 2026.
Key Highlights
- Contract value: Rs. 1734.00 crores
- Project: 4 laning of NH-167 from Gudebellur to Mahabubnagar, Telangana
- Mode: Hybrid Annuity Mode (HAM)
- Construction period: 730 days
- Operation period: 15 years from COD