StockWatch
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Civil Construction
Deals29 Aug 2026, 05:50 pm

KNR Constructions Secures ₹157.54 Cr EPC Project from GHMC

AI Summary

KNR Constructions Ltd has announced the receipt of a Letter of Acceptance (LOA) from Greater Hyderabad Municipal Corporation (GHMC) for two significant infrastructure projects. The projects involve the construction of a 2-lane unidirectional flyover at NFCL Junction and a 2-lane unidirectional underpass along with a 3-lane unidirectional flyover at TV9 Junction, both in Banjara Hills, GHMC. The total contract value for these Engineering Procurement and Construction (EPC) projects is ₹157.54 crore, excluding GST. The construction is expected to be completed within a period of 24 months. This award signifies continued business development and order book expansion for the company in the infrastructure sector.

Key Highlights

  • KNR Constructions received LOA for two GHMC infrastructure projects.
  • Total contract value stands at ₹157.54 crore (excluding GST).
  • Projects include flyovers and an underpass in Banjara Hills.
  • Construction period for the projects is 24 months.
  • Award strengthens the company's order book in the infrastructure segment.