Welspun Enterprises has achieved the financial closure for Amravati project. The project is for the up-gradation of Roads/Two Laning of Roads/ Two Laning of Road with paved shoulder under MRIP Package on Hybrid Annuity Mode (HAM) Package No. AM 2 Under Public Works Circle, Amravati in Maharashtra State.
The Bid Project Cost is Rs 1,460 crore and first year O&M cost of Rs 31.50 crore. The construction period is 2 years from the Appointed Date and O&M period is 10 years after Commercial Operation Date.
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.
