KNR Constructions (NSE:KNRCON, BOM:532942) has received a letter of acceptance worth 2.35 billion Indian rupees from Malkajgiri Municipal Corp., Hyderabad, for a flyover project in Telangana, according to a Tuesday filing.
The contract involves constructing a six-lane bi-directional flyover, which will cross TKR College Junction, Gayatri Nagar Junction and Mandamallamma Junction, the filing said. The project has been awarded on engineering procurement construction/turnkey basis, it added
The project is scheduled to be completed within 24 months, the company said.