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KNR Constructions wins Rs 290-cr highway project in AP

No Comments Sub Category:Hyderabad Posted On: Feb 26, 2014

KNR Constructions Ltd has bagged an EPC order worth Rs 290.25 crore for rehabilitation and up gradation of National Highway road in Andhra Pradesh, from the National Highways Authority of India.

The Hyderabad-based infrastructure company stated, in a statement to BSE that the order is for up gradation of a road stretch on NH-565 between km 425 and km 509 in the Penchalakona to Yerpadu section in Andhra Pradesh under the National Highway Development Project–IV, and is to be executed in 24 months.

The company’s shares closed up 2 per cent at BSE at Rs 88.40. 

Source: Business Line

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