KNR Constructions Ltd on Wednesday, March 1, said the company has won a Rs 665-crore greenfield highway project in Andhra Pradesh.
"...the company is in receipt of Letter of Acceptance for Development of six-lane access controlled Greenfield Highway from Marripudi to Somvarappadu of
The project will be implemented under Bharatmala Pariyojana Phase-1 in Andhra Pradesh, it said. It added that the project has a completion period of 24 months and an operation period of 15 years from the commercial operation date (COD).
Last year in October, the company sold a 100 percent stake in its subsidiary KNR Srirangam Infra to Cube Highways & Infra for Rs 131 crore.
The Hyderabad-based company is a multi-domain infrastructure development organisation. The company mainly executes the construction of technically complex and high-value projects across segments including expressways, national highways, flyovers, bridges, and viaducts, among others.
(Edited by : Shoma Bhattacharjee)
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