Welspun Enterprises’ wholly owned subsidiary -- Welspun Pune Shirur Projects (WPSPL) has executed sub-concession agreement with Maharashtra State Infrastructure Development Corporation (MSIDC), and Government of Maharashtra (GOM) for construction of a 6- Lane Partially Elevated Highway Corridor along with improvement of the 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.
The project cost is around Rs 7,300 crore. The total sub-concession Period of 29 years (subject to extension in terms of the sub-concession agreement) including construction period of 4 years commencing from the Appointed Date.
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.
