KNR Shankarampet Projects Private Limited receives sanction of finance for HAM project.

KNR Shankarampet Projects Private Limited, wholly owned subsidiary of KNR Constructions Ltd. has received sanction from Bank to finance its Hybrid Annuity Mode (HAM) Project.

With the receipt of above sanction letter, the company is well within the time line as specified in the Concession Agreement for Financial closure of the above project.

The bid project cost is Rs. 1234 crore. The construction period is 2 years and concession period is 17 years.

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