Latest News

Welspun Enterprises receives LoA from NHAI

Welspun Enterprises Ltd has bagged a contract worth over Rs.2,000 crore, from NHAI.

The company has received letter of award (LoA) for the four laning of Sattanathapuram to Nagapattinam section of NH-45A, in Tamil Nadu. 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.

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

Read EquityPandit’s Technical Analysis of Indian Stock Market 

Get Daily Prediction & Stocks Tips On Your Mobile