KNR Constructions' subsidiary achieves financial closure for road project in Telangana

KNR Constructions announced that its wholly owned subsidiary KNR Shankarampet Projects have received the financial closure letter from the National Highways Authority of India for the below mentioned project -

Four laning of Ramsanpalle to Mangloor section of NH - 161 in the State of Telangana under Nharatmala Pariyojana.
Bid project Cost - Rs. 1234 crore
Construction Period - 2 Years
Concession Period - 17 Years
Date of Financial Closure - 04 October 2018

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