Welspun Enterprises secures ₹7,300 crore highway contract
after close1 source ↓written by the desknot a recommendation
- highway project
- ₹7,300 crore
- order book
- ₹18,755 crore
Welspun Enterprises Ltd received a Letter of Award from Maharashtra State Infrastructure Development Corporation Ltd for a ₹7,300 crore highway project on NH-753F. The six-lane corridor spans 53.40 km and will be executed on a DBFOT toll basis over 29 years, boosting WEL's order book to ₹18,755 crore.
This significant contract enhances WEL's growth prospects and may positively influence investor sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.