Business Standard

Welspun bags four laning contract from NHAI

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Press Trust of India New Delhi

Infrastructure firm Welspun Enterprises today said it has bagged a contract worth over Rs 2,000 crore from NHAI.

The company has received letter of award for the four laning of Sattanathapuram to Nagapattinam section of NH-45A in Tamil Nadu, Welspun Enterprises said in a regulatory filing.

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, it added.

The company's HAM (hybrid annuity model) portfolio now stands at over Rs 7,000 crore consisting of six projects, of which five have achieved financial closure, it said.

 

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First Published: Jul 05 2018 | 9:55 PM IST

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