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Welspun Enterprises receives LoA worth Rs 7,300 crore from MSIDC

30 Apr 2026 Evaluate

Welspun Enterprises (WEL) has received the Letter of Award (LoA) from Maharashtra State Infrastructure Development Corporation (MSIDC) acting as the implementing agency and tendering entity for construction of 6-Lane Partially Elevated Highway Corridor along with improvement of existing road from Km. 10+600 to Km. 64+000 (Section Pune to Shirur of NH-753F - Minimum Design Length 53.40 Km) in the State of Maharashtra on DBFOT (Toll) Mode (Project). The project has a sub-concession period of 29 years including construction period of 4 years commencing from the Appointed Date and a total project cost of around Rs 7,300 crore.

The outstanding order book of the company as on December 31, 2025 was Rs 13,341 crore (including EPC and O&M) on standalone basis. With the addition of the aforesaid order, the outstanding order book of the company is around Rs 18,755 crore, (less execution done in Q4 FY26), of which around Rs 10,813 crore is from the Water Vertical (including around Rs 5,393 crore from O&M & Asset replacement), around Rs 1,791 crore from Tunnel segment and the balance around Rs 6,152 crore from Transportation Vertical (including the aforesaid project).

Welspun Enterprises (WEL) (Formerly known as Welspun Projects), part of the Welspun Group, is an operating Company as well as a holding company. The Company’s key activity is in the infrastructure business.

Welspun Enterprises Share Price

521.65 -2.30 (-0.44%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
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