KNR Constructions Ltd. has bagged two hybrid annuity projects with bid project cost of Rs. 2,964.07 crore from the National Highways Authority of India (NHAI).
In a regulatory filing made to the BSE, the Hyderabad-based construction and infrastructure company said these works include six-laning of a stretch on NH-140 from Chittoor to Mallavaram in Andhra Pradesh under Bhartmala Pariyojana.
The project has 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 second project also entails four-laning of NH-161 from Ramsanpalle to Mangloor in Telangana also under Bharatmala Pariyojana.
The project has a concession period of 17 years,with a bid project cost of Rs. 1,234 crore.