KNR Constructions wins Rs 290-cr highway project in AP

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Hyderabad February 28,2014:- KNR Constructions Ltd has announced it has bagged an EPC order worth Rs 290.25 crore from the National Highways Authority of India for rehabilitation and upgradation of National Highway road in Andhra Pradesh.

In a statement to BSE, the Hyderabad-based infrastructure company has stated that that the order is for upgradation 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. The project is to be executed in 24 months.

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