MoneyWorks4Me

Welspun Enterprises emerges lowest bidder for Walajapeth to Chinnaiyan Chathiram project

26 Feb 2018 Evaluate

Welspun Enterprises has emerged as L1 bidder for project of six lanning of Walajapeth to Chinnaiyan Chathiram Section of NH-4 (New NH-48) from km 107+091 to Km 59+800 on Hybrid Annuity Mode in the state of Tamil Nadu under NHDP Phase-V.

National Highway Authority of India (NHAI) has on February 23, 2018, made public opening of the Bids for the above referred project and the company has emerged as the Lowest Bidder (L-1) at Bid Price of 1,536.39 crore.

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 3873.75
Kalpataru Projects 1407.20
NCC 133.80
Rail Vikas Nigam 208.10
KEC International 397.40
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