KNR Constructions Limited announced the receipt of a Letter of Award (LOA) on March 27, 2026, from the National Highways Authority of India. The contract involves the 4-laning of NH-167 in Telangana over an 80.01 km stretch under the Hybrid Annuity Mode (HAM). The project bid price is ₹1,734.00 Crores, with a construction period of 730 days followed by 15 years of operation.
Major Road Project Secured by KNRCL
KNR Constructions Limited (KNRCL) has formally informed the Exchanges that it has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI). This significant announcement, dated March 28, 2026, confirms the company’s success in securing a vital national highway development project.
Project Details and Financial Scope
The awarded project entails the construction of 4 laning of NH-167. This segment covers a total length of 80.01 km, running from Gudebellur (Design Km. 182+930) to Mahabubnagar (Design Km 262+940) on the Hyderabad – Panaji Section.
The execution will be under the Hybrid Annuity Mode (HAM). The total Bid Project Cost/Bid Price for this infrastructure development stands at ₹1,734.00 Crores (Rupees in Crores).
Project Timeline
The project scope includes a defined timeline for both construction and operation:
- Construction Period: A period of 730 Days.
- Operation Period: An Operation Period of 15 Years commencing from the Commercial Operation Date (COD).
Trading Window Closure Notice
In compliance with internal codes regarding the prevention of Insider Trading, KNRCL has announced the temporary closure of the trading window for securities of the Company. This closure is effective for all Directors, Officers, and Designated employees from March 28, 2026, through March 29, 2026.
Source: BSE
