Deals21 Nov 2025, 02:51 pm
KNR Constructions Wins Rs. 319 Crore EPC Contract from Musi Riverfront Development Corporation
AI Summary
KNR Constructions Ltd. has announced that it has received a Letter of Acceptance from Musi Riverfront Development Corporation Limited for the construction of an iconic bridge across Mir Alam Tank connecting Bengaluru National Highway at Shastripuram to Chintalmet. The contract, worth Rs. 319,24,61,409 excluding GST, will be executed under the Engineering, Procurement and Construction (EPC) mode with a construction period of 24 months.
Key Highlights
- KNR Constructions has been awarded a contract worth Rs. 319 Crores from Musi Riverfront Development Corporation Limited.
- The contract is for the construction of an iconic bridge across Mir Alam Tank under the EPC mode.
- The construction period for the project is 24 months.
- The announcement also includes the closure of the trading window for dealing in securities of the company from 21st November 2025 to 23rd November 2025.
- The project is expected to further strengthen KNR Constructions' presence in the infrastructure sector.