KNR Constructions Wins Rs 3.19 Billion Iconic Bridge Project

According to a notification issued by the Municipal Administration and Urban Development (MAUD) Department on Monday, the firm’s quoted price is 4.89 per cent higher than the government estimate of Rs 3.03 billion. The government has authorised the managing director of the Musi Riverfront Development Corporation Limited (MRDCL) to issue the Letter of Acceptance and finalise the agreement with the contractor.

This will be the second cable-stayed bridge of its kind in Hyderabad, following the Durgam Cheruvu Bridge in Madhapur. The upcoming structure is designed to ease traffic congestion between the Bengaluru National Highway and Chintalmet while strengthening connectivity in the city’s southern corridor.

The project is also a key component of the Musi Riverfront Development Project (MRDP), which aims to enhance environmental sustainability, prevent flooding, upgrade urban infrastructure, and promote tourism along the 58-kilometre stretch of the Musi River.