Welspun Enterprises has received the Letter of Award (LoA) from National Highways Authority of India (NHAI) for the four laning of Sattanathapuram to Nagapattinam (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-IV on Hybrid Annuity Mode.
The consortium led by the company will develop the project at a bid project cost of Rs 2,004.51 crore and first year O&M cost of Rs 5 crore. The construction period is 2 years from the Appointed Date. The company’s HAM portfolio now stands at over Rs 7,000 crore consisting of six projects, of which five have achieved Financial Closure.
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.
Company Name | CMP |
---|---|
Dilip Buildcon | 442.20 |
Macrotech Developers | 1135.50 |
NBCC (India) | 130.30 |
Prestige EstatesProj | 1470.00 |
DLF | 840.95 |
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