KNR Constructions Ltd has announced it has been awarded two road projects, package one and two, in Madhya Pradesh by GVK Power & Infrastructure Ltd, to be executed on a turnkey basis. The project cost is estimated at Rs 675 crore.
In a statement to the stock exchanges, KNR has informed that these two projects entail design, engineering, procurement and construction of a four-lane road project of the Shivpuri-Dewas section of National Highway-3 in Madhya Pradesh. This is a fixed price turnkey contract.