Welspun Enterprises gets contract from NHAI under hybrid annuity model

Welspun Enterprises has been awarded with Package I of the Delhi-Meerut Expressway Project to be developed through the Hybrid Annuity Model (HAM) by National Highways Authority of India (NHAI). Under HAM, the company will develop Package I (of 8.716 km length) of the Delhi - Meerut Expressway at a Bid Project Cost of Rs 841.50 crore, and operate it for a period of 15 years.

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company as well as a holding company in the business of Infrastructure, Oil & Gas Exploration and Renewable Energy.