KNR Constructions Wins ₹157.55 Crore GHMC Flyover and Underpass Project in Hyderabad
KNR Constructions Limited has received a Letter of Acceptance (LoA) from the Greater Hyderabad Municipal Corporation (GHMC) for a major urban infrastructure project in Hyderabad, Telangana.
The company disclosed the development on August 29, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
₹157.55 Crore GHMC Order
KNR Constructions has secured the project through the Engineering, Procurement and Construction (EPC) mode.
The order value is:
₹157.55 crore, excluding GST
The contract has been awarded by Greater Hyderabad Municipal Corporation (GHMC) and involves the construction of multiple grade-separated road infrastructure structures in the Banjara Hills area.
What Does the Project Include?
The project covers construction work at two important junctions in Banjara Hills:
- 2-lane unidirectional flyover at NFCL Junction
- 2-lane unidirectional underpass at TV9 Junction
- 3-lane unidirectional flyover at TV9 Junction
The project is part of Hyderabad’s urban road infrastructure development and is expected to improve traffic movement around the Banjara Hills area.
24-Month Construction Period
According to KNR Constructions, the project has a construction period of 24 months.
This means the company will have approximately two years to execute and complete the infrastructure project in accordance with the terms of the contract.
For investors, the order provides additional revenue visibility over the project execution period.
EPC Model Adds to KNR’s Order Pipeline
The project has been awarded under the Engineering, Procurement and Construction (EPC) model.
Under the EPC model, the contractor is responsible for carrying out the engineering, procurement and construction activities required for the project.
The latest order adds another urban infrastructure project to KNR Constructions’ business pipeline and highlights the company’s continued participation in road and infrastructure development projects.
Why This Order Matters for Investors
The ₹157.55 crore order is significant for KNR Constructions for several reasons.
Urban infrastructure exposure: The project involves the construction of flyovers and underpasses in Hyderabad, one of India’s major urban centres.
Government client: GHMC is the awarding authority, providing KNR with a project from a major public-sector urban infrastructure body.
Two-year execution visibility: The 24-month construction period provides a potential revenue contribution over multiple financial periods.
Order book addition: The project increases KNR Constructions’ executable order pipeline and supports future revenue visibility.
Points to consider
Investors tracking KNR Constructions should monitor:
- Overall order book growth
- Fresh EPC order wins
- Order inflow from road and urban infrastructure projects
- Execution progress on the GHMC project
- Project margins and profitability
- Working capital requirements
- New projects from Telangana and other states
Summary
KNR Constructions has secured a ₹157.55 crore GHMC project in Hyderabad to construct flyovers and an underpass at NFCL Junction and TV9 Junction in Banjara Hills.
The project will be executed under the EPC model and has a 24-month construction period. The order strengthens KNR Constructions’ urban infrastructure portfolio and adds to its executable order pipeline.
Investors should watch the company’s upcoming order inflows and execution performance to assess the impact of the latest project on future revenue and profitability.