KNR Constructions Limited has announced the acquisition of a significant project to construct a 2-lane unidirectional flyover in Telangana. The total project value stands at ₹57.54 crore, with an estimated construction period of 24 months. This order reinforces the company’s strong presence in the infrastructure development sector and contributes positively to its order book.
New Project Secured
KNR Constructions Limited has received a Letter of Acceptance for a new project from the Telangana government. The company will be responsible for the construction of a 2-lane unidirectional flyover. This project is a significant addition to the company’s ongoing infrastructure development activities.
Project Details and Value
The total value of the awarded contract is an estimated ₹57.54 crore. The scope of work involves the construction of a flyover at a critical intersection, aimed at improving traffic flow and connectivity within the region. The estimated construction period for this project is 24 months, commencing from the date of the official order.
Financial Significance
This new order, valued at approximately ₹57.54 crore, will be executed by KNR Constructions’ EPC division. The company expects this project to contribute positively to its revenue streams over the next two financial years. The acquisition of this contract highlights KNR Constructions’ capability and continued success in securing infrastructure projects.
Source: BSE
