KNR Construction secures funds for ₹12,340-cr road project

    KNR construction
    In a recent development, the road infrastructure building major, KNR Constructions, the wholly owned subsidiary of KNR Shankarampet Projects, has secured financial closure and the move will pave the way for starting construction work on the road project in Telangana entailing an investment of ₹12,340 cr. The scope of work in the project includes construction and road widening for four laning of Ramsanpalle to Mangloor section of NH-161 in Telangana. The construction period is two years and the highway project commands a concession period of 17 years, as per the company's official statement.
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