KNR Constructions Limited has received a Letter of Acceptance from the Greater Hyderabad Municipal Corporation (GHMC) for an Engineering Procurement Construction (EPC) project. The contract is valued at Rs. 50,47,25,400/- (Fifty Crores Forty-seven Lakhs Twenty-Five Thousand Four Hundred Only), excluding GST. The project involves constructing a 4-lane unidirectional flyover at Rasoolpura in Telangana, with a stipulated construction period of 24 months.
Award Notification for New Infrastructure Project
KNR Constructions Limited (KNRCL) has officially informed the stock exchanges regarding the receipt of a Letter of Acceptance for a significant EPC/Turnkey project. This award comes from the Greater Hyderabad Municipal Corporation (GHMC).
Project Details and Contract Value
The project scope is centered on the construction of a 4-lane unidirectional flyover at Rasoolpura, located within the state of Telangana. The total contract value awarded to KNRCL for this work is substantial, amounting to Rs. 50,47,25,400/- (Rupees Fifty Crores Forty-seven Lakhs Twenty-Five Thousand Four Hundred Only). It is important to note that this value is quoted excluding GST.
Execution Timeline
The construction timeline stipulated for the completion of this critical infrastructure asset is set at 24 months from the date of the award. The company, through its authorized signatory Haritha Varanasi (Company Secretary), confirmed the disclosure on March 12, 2026.
Source: BSE
