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Welspun Enterprises’ consortium emerges lowest bidder for Aunta-Simaria project

20 Jul 2017 Evaluate

Welspun Enterprises’ consortium has emerged as the Lowest Bidder (L-1) at Bid Price of Rs 1,045.61 crore for six- Laning from Aunta-Simaria (Ganga Bridge with Approach Roads) Section from km 197.900 to km 206.050 of NH-31 in the state of Bihar under Hybrid Annuity Model (HAM).

National Highway Authority of India (NHAI) has opened the Bid on July 19, 2017 for the consortium led by the company has emerged as the L-1 bidder. The company has not received any formal communication (Letter of Award) from NHAI in this regard.

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.



Peers
Company Name CMP
Larsen & Toubro 3875.60
Kalpataru Projects 1420.40
NCC 134.25
Rail Vikas Nigam 208.70
KEC International 398.00
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