Welspun Enterprises’ material subsidiary -- Welspun Michigan Engineers (WMEL) has secured two significant sewer rehabilitation projects aggregating to Rs 351.24 crore (including GST & excluding provisional sum) from Ahmedabad Municipal Corporation (AMC). Both these projects are funded by World Bank. The company has received two Letters of Award (LoAs) for the said projects.
The first LoA valued at Rs 229.48 crore, involves rehabilitation of the main trunk sewer line in from Gola Lake to 285 MLD TSPS, covering the stretch from Iskcon Char Rasta to 285 MLD TSPS. The second LoA valued at Rs 121.76 crore, involves rehabilitation of existing sewer lines across key stretches of Eastern Ahmedabad, including, Odhav 310 to Panjrapole Char Rasta to Nirant Cross Road to Mahadev Imperial; and Metro Pillar No. 99 to Nirant Char Rasta. These projects are to be executed within a period of 24 months from the commencement date.
Welspun Enterprises (WEL), part of the Welspun Group, is engaged in road, water, tunneling and rehabilitation infrastructure development (EPC, HAM and BOT basis) and oil and gas exploration activities. It is also engaged in carrying out O&M activities of the road, water, tunneling and rehabilitation infrastructure projects.
