KNR wins Rs.2,964 cr Chittoor, Mangloor NH projects in AP & Telangana

Adding to its project portfolio in the road sector, KNR Constructions has recently bagged two Hybrid Annuity Projects with bid project cost of Rs.2,964.07 crore from NHAI. The scope of work in the projects include the six laning of a stretch on NH-140 from Chittoor to Mallavaram in Andhra Pradesh under Bhartmala Pariyojana'. The project commands a concession period of 17.5 years including construction period of 2.5 years from the appointed date, with a bid project cost of Rs.1,730.07 crore. The scope of work in the second project also entails four laning of NH-161 from Ramsanpalle to Mangloor in Telangana also under Bharatmala programs with a concession period of 17 years including construction period of 2 Years from the appointed date, with a bid project cost of Rs 1,234 crore, the company said in an official statement.