Award30 Apr 2026, 08:44 am
Welspun Enterprises Bags ₹7,300 Cr Highway Project
AI Summary
Welspun Enterprises Ltd. has received a Letter of Award from Maharashtra State Infrastructure Development Corporation Limited (MSIDC) for the construction of a 6-lane partially elevated highway corridor from Pune to Shirur (NH-753F). The project, valued at approximately ₹7,300 Crore, will be executed on a DBFOT (Toll) mode with a sub-concession period of 29 years, including a 4-year construction period. With this addition, the company's outstanding order book increases to approximately ₹18,755 Crore.
Key Highlights
- Welspun wins ₹7,300 Cr Pune-Shirur highway project on DBFOT (Toll) mode.
- Project involves construction of a 6-lane partially elevated highway corridor.
- The sub-concession period is 29 years, including a 4-year construction period.
- Welspun's total order book rises to ~₹18,755 Crore with this project.
- MSIDC is the implementing agency for the project.