KNR Constructions has bagged a highway project from National Highways Authority of India (NHAI) in Tamil Nadu, worth Rs.1,021 crore.

In a regulatory filing to BSE the company said, “KNR Constructions Ltd has bagged its first Hybrid Annuity Project (HAM) with bid project cost of Rs.1020.60 crore from NHAI for the work of four-laning of Trichy to Kallagam section of NH-227.”

The project will be implemented under Bharatmala Pariyojana in Tamil Nadu and has a concession period of 17 years, including construction period of 2 years from the appointed date.

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