Telangana govt awards Rs 319.24 crore contract for Iconic Bridge construction
HYDERABAD: The state government has awarded the contract for constructing the Iconic Bridge across Mir Alam Tank, linking the Bengaluru National Highway at Shastripuram to Chintalmet, to M/s KNR Constructions Limited for Rs 319.24 crore under the EPC mode.
According to the MAUD department order on Monday, the price quoted by the firm is 4.89% higher (Rs 303.36 crore) than the government estimate. The government also permitted the managing director of the MRDCL to issue the Letter of Acceptance and conclude the agreement with the contractor.
