KNR Constructions Limited has announced its receipt of a Letter of Acceptance from the Hyderabad Metropolitan Development Authority (HMDA) for a major infrastructure project. The contract, valued at ₹1,396,54,08,900, involves the construction of an elevated corridor in Hyderabad. The project is expected to take 24 months to complete, significantly contributing to the company’s order book and future revenue streams.
KNR Constructions Secures Major Infrastructure Project
KNR Constructions Limited has been awarded a significant contract by the Hyderabad Metropolitan Development Authority (HMDA) for the construction of an elevated corridor. The project, valued at ₹1,396,54,08,900 (Rupees One Thousand Three Hundred Ninety-Six Crores Fifty-Four Lakhs Eight Thousand Nine Hundred Only), is a key development for the city’s infrastructure.
Project Details and Timeline
The scope of the contract includes the construction of an elevated corridor connecting ICCC Banjara Hills to Shilpa Layout Flyover Road in Hyderabad, Telangana. The construction period for this project is estimated to be 24 months. This award represents a substantial addition to KNR Constructions’ project portfolio and is expected to drive future revenue growth.
Source: BSE
