Welspun Enterprises has received provisional certificate for commercial operation of the Delhi-Meerut Expressway Package-01 with effect from June 28, 2018. The project has been completed 332 days ahead of the scheduled completion date. This will entitle the company for Annuity Payments in accordance with the Concession Agreement dated March 4, 2016 as well as an early completion bonus.
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.