KNR Constructions Limited announced the signing of the Concession Agreement for its Mahabalipuram Infra Private Limited project. This Hybrid Annuity Mode (HAM) project involves the construction of a Four Lane Elevated Corridor along the East Coast Road (ECR) in Tamil Nadu. The agreement was formally executed on February 26, 2026, with the Tamil Nadu State Highways Authority (TANSHA). This move confirms the execution phase following previous award intimations.
Execution of Major Tamil Nadu Highway Project
KNR Constructions Limited has formalized the agreement for the development of a critical infrastructure asset in Tamil Nadu. The company confirms that its wholly owned subsidiary, KNR Mahabalipuram Infra Private Limited, has signed the Concession Agreement for the construction of a Four Lane Elevated Corridor along the East Coast Road (ECR).
Project Details and Location
The designated scope of work spans the ECR stretch from design Chainage Km. 11+480 to Km. 11/800 (West Avenue Road) and continues up to Km. 24+780 (East Coast Road), covering the route between Thiruvanmiyur and Uthandi. This project is being executed under the Hybrid Annuity Mode (HAM) framework, involving the Tamil Nadu State Highways Authority (TANSHA) as the awarding body.
Agreement Finalization Date
The critical milestone of signing the Concession Agreement was achieved on 26th February 2026. This execution follows the initial award announcement and subsequent communications made to the stock exchanges on 17th, 19th, and 24th February 2026, marking the formal commencement of the project implementation phase.
Source: BSE
