Hyderabad: Infrastructure developer K2 Infra Limited has secured a road development contract worth ₹390.91 crore from the Telangana government for the construction, upgradation, strengthening and maintenance of roads in the Bhongir Circle under the Telangana Rural Roads Development Programme.
The project is aimed at improving rural connectivity and enhancing transportation infrastructure across the region. Officials said the initiative will help facilitate smoother movement for residents, farmers, businesses and essential services while supporting broader economic development goals. According to the company, the scope of work includes the development and maintenance of selected road stretches under the Panchayat Raj Engineering Department (PRED) framework. The project is expected to strengthen connectivity between rural communities and key economic centres, improving access to markets, education and healthcare services.
Infrastructure experts note that investments in rural road networks play a crucial role in regional development by reducing travel times, lowering transportation costs and supporting agricultural supply chains. K2 Infra stated that the project will be executed in accordance with the terms of the award, including the formation of a Special Purpose Vehicle (SPV) and completion of necessary agreements within the stipulated timeline.
Commenting on the development, K2 Infra Managing Director Pankaj Sharma said the company remains committed to delivering the project with a focus on quality, responsibility and long-term regional growth. The project forms part of Telangana’s continued efforts to strengthen rural infrastructure and improve connectivity across districts through targeted investments in road development.
