StockWatch
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Civil Construction
Business Update20 Sept 2026, 11:00 am

Welspun subsidiary wins ₹351.24 Cr sewer projects from AMC

AI Summary

Welspun Enterprises' material subsidiary, Welspun Michigan Engineers Limited (WMEL), has secured two sewer rehabilitation projects from Ahmedabad Municipal Corporation (AMC) worth a total of ₹351.24 Crore (including GST). The projects, funded by the World Bank, involve rehabilitating sewer lines in Western and Eastern Ahmedabad. The Western Ahmedabad project is valued at ₹229.48 Crore, and the Eastern Ahmedabad project is ₹121.76 Crore. These wins significantly boost WMEL's order book, increasing it from approximately ₹2,135 Crore to ₹2,432.66 Crore. This expansion reinforces Welspun Enterprises' position in the urban water and wastewater infrastructure sector.

Key Highlights

  • WMEL secures ₹351.24 Cr in sewer rehabilitation projects from AMC.
  • Projects are World Bank funded, enhancing credibility.
  • Order book increases by ₹297.66 Cr to ₹2,432.66 Cr.
  • Strengthens company's presence in urban infrastructure sector.