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KNR Constructions Subsidiary Secures Agreement for Tamil Nadu's Four-Lane Elevated Corridor
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KNR Constructions Arm Secures Major Elevated Corridor Project in Tamil Nadu
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CNBC TV18
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26-02-2026, 14:37
KNR Constructions Arm Secures Major Elevated Corridor Project in Tamil Nadu
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KNR Mahabalipuram Infra Private Limited, a KNR Constructions subsidiary, signed a concession agreement with TANSHA.
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The project involves building a four-lane elevated corridor on the East Coast Road (ECR) from Thiruvanmiyur to Uthandi in SH-49.
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The agreement was signed on February 26, 2026, under the Hybrid Annuity Mode (HAM).
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KNR Constructions shares were trading down 0.62% at ₹133.85 on NSE.
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Despite weak Q3 earnings, KNR Constructions also secured a ₹319.24-crore project for a Hyderabad bridge.
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