KNR Constructions Ltd, an infrastructure development company, had bagged an order worth Rs 580 crore from Sadbhav Engineering Ltd. for rehabilitation and upgradation of two lane with pave shoulders and maintenance of Chhindwara-Linga-Umarnala-Saoner section of NH-26B. That includes part of Chhindwara bypass and Multai up to near Imlikhera in the state of Madhya Pradesh and Maharashtra.
The order is to be completed with a period of 36 months from the appointed date.
KNR Constructions has moved up 2% to Rs 129 on BSE after announcement of the deal.