KNR Constructions Receives LOA for Telangana Flyover Project
Filing Summary
KNR Constructions Ltd has received a Letter of Acceptance from the Greater Hyderabad Municipal Corporation for the construction of a four-lane unidirectional flyover at Rasoolpura, Telangana. The project will be executed on an Engineering Procurement Construction (EPC) basis and is valued at approximately Rs. 50 Crores, excluding GST. The construction period is set for 24 months. This update is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and was communicated to the BSE and NSE on March 12, 2026.
KNR Constructions Ltd has announced the receipt of a Letter of Acceptance from the Greater Hyderabad Municipal Corporation. The project involves the construction of a four-lane unidirectional flyover at Rasoolpura in Telangana. The project will be executed under the Engineering Procurement Construction (EPC) model.
The total value of the project is approximately Rs. 50 Crores, excluding GST. The construction period for the project is specified as 24 months. This information was disclosed to the exchanges in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015.
The Greater Hyderabad Municipal Corporation is responsible for urban planning and development in the Hyderabad region. It undertakes various infrastructure projects to improve urban mobility and infrastructure within the city.
KNR Constructions Ltd is engaged in the business of infrastructure development, focusing on roads, highways, and bridges. The company prioritizes projects that enhance transportation networks and urban infrastructure. It continues to expand its portfolio through strategic project acquisitions and execution.