Deals5 Nov 2026, 05:00 pm
KNR Constructions Wins ₹1396.5 Cr Telangana Project
AI Summary
KNR Constructions Limited has received a Letter of Acceptance (LOA) from Hyderabad Metropolitan Development Authority (HMDA) for a significant infrastructure project. The contract is for the construction of an elevated corridor from ICCC Banjara Hills to Shilpa Layout Flyover Road in Telangana, valued at ₹1396,54,08,900 (approximately ₹1396.54 Crore) excluding GST. The project has a construction period of 24 months. This award is expected to bolster the company's order book and contribute to its future revenue streams.
Key Highlights
- Received LOA from HMDA for elevated corridor project.
- Project value stands at ₹1396.54 Crore (excluding GST).
- Construction period for the project is 24 months.
- Award expected to enhance company's order book.
Price Impact
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