Officer-in-charge of Azadnagar police station, Anjani Kumar said both youths were residents of Kapali and were second year students of J K S College.
They were returning on a motorcycle after attending tuition classes when the speeding truck hit them killing them on the spot.
The driver was arrested and the truck impounded, he said.
Angry locals put up a road blockade demanding compensation and speed breakers in the area and disrupted road traffic for over four hours. They were later persuaded to lift the blockade by senior police officials.
