KNR Constructions Limited — New Orders, 04-01-2025: Awarding of order(s)/contract(s)

KNR Constructions Limited has received a Letter of Acceptance for the irrigation project from the Irrigation & CAD Department concerning the SRLIP to Paleru Link Canal, Package no. 13. The contract, valued at approximately ₹198.28 Crore, involves earthwork excavation, embankment formation, and CC lining, while construction of CM & CD structures will also take place from Km 0.000 near Chimalapadu to Km 10.500 near Burda Raghavapuram in Khammam District, Telangana. The project will be executed by a joint venture comprising KNRCL (51% stake), ACPL (20%), and SVK (29%) over a 24-month period, with a defect liability duration of two years. This development positions KNR for enhanced revenue and potential growth; investors should consider closely monitoring execution progress.