StockWatch
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Civil Construction
Business Update27 Oct 2026, 12:13 pm

KNR Constructions Subsidiary Receives NHAI Project Approval

AI Summary

KNR Manyamkonda Infra Private Limited, a wholly owned subsidiary of KNR Constructions Ltd, has received a letter from NHAI noting the financial close on October 1, 2026, for the construction of a 4-lane highway project. The project involves the construction of NH-167 from Gudebellur to Mahabubnagar in Telangana, spanning 80.01 km. This project is to be executed on a Hybrid Annuity Model (HAM). The financial close being noted signifies a key milestone for the project's commencement.

Key Highlights

  • Subsidiary KNR Manyamkonda Infra received NHAI letter.
  • Financial close noted for HAM highway project in Telangana.
  • Project involves 80.01 km of NH-167 construction.
  • Key milestone achieved for project commencement.