"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 company said in a regulatory filing to the BSE.
The project will be implemented under Bharatmala Pariyojana in Tamil Nadu, it said.
It added that the project has a concession period of 17 years including construction period of 2 years from the appointed date.