Welspun Enterprises has emerged as the lowest bidder for four laning of Sattanathapuram to Nagapaftinam (Design Ch Km 123+800 to Km 179+555) section of NH-45A (New NH -332) in the state of Tamil Nadu under NHDP Phase-W on Hybrid Annuity Mode.
National Highways Authority of India (NHAI) has opened the bid on May 9, 2018 for the project and the consortium led by the company has emerged as the Lowest Bidder (L1) at bid price of Rs 1,837.32 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.
