Welspun Enterprises bags Rs 4,636 cr order from BMC
Real Estate

Welspun Enterprises bags Rs 4,636 cr order from BMC

On Wednesday, Welspun Enterprises Ltd (WEL) told the media that it has received its single-largest order of Rs 4,636 crore from Brihanmumbai Municipal Corporation (BMC) for the Dharavi Wastewater Treatment Facility.

WEL said that this takes the outstanding order book of the firm to about Rs 12,500 crore, of which Rs 6,000 crore is from the road sector and the remaining Rs 6,500 crore is from the water sector.

Under this project, a joint venture (JV) led by the firm will design, build, operate, and maintain the Dharavi Wastewater Treatment Facility, including the Tertiary treatment facility under Mumbai Sewage Disposal Project, Stage II.

Chairman of Welspun Group B K Goenka told the media that this is the single highest value order so far for the firm in the most vital sector of water infrastructure in India. In India, this project for one of the largest wastewater treatment facilities is a vital step in attaining Swachh Mumbai, Maharashtra, and Bharat, and they are extremely delighted to be part of this journey.

Under the Hybrid Annuity Model (HAM), Welspun Enterprises is an infrastructure development company with road and water projects specialisation through large-value Engineering, Procurement, and Construction (EPC) contracts.

It also undertakes Build-Operate-Transfer (BOT) projects.

In the highway sector alone, the firm has achieved six BOT (Toll) road projects with a total length of above 500 km.

Image Source

Also read: Welspun One inks MoU with Haryana govt to develop warehouses

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

On Wednesday, Welspun Enterprises Ltd (WEL) told the media that it has received its single-largest order of Rs 4,636 crore from Brihanmumbai Municipal Corporation (BMC) for the Dharavi Wastewater Treatment Facility. WEL said that this takes the outstanding order book of the firm to about Rs 12,500 crore, of which Rs 6,000 crore is from the road sector and the remaining Rs 6,500 crore is from the water sector. Under this project, a joint venture (JV) led by the firm will design, build, operate, and maintain the Dharavi Wastewater Treatment Facility, including the Tertiary treatment facility under Mumbai Sewage Disposal Project, Stage II. Chairman of Welspun Group B K Goenka told the media that this is the single highest value order so far for the firm in the most vital sector of water infrastructure in India. In India, this project for one of the largest wastewater treatment facilities is a vital step in attaining Swachh Mumbai, Maharashtra, and Bharat, and they are extremely delighted to be part of this journey. Under the Hybrid Annuity Model (HAM), Welspun Enterprises is an infrastructure development company with road and water projects specialisation through large-value Engineering, Procurement, and Construction (EPC) contracts. It also undertakes Build-Operate-Transfer (BOT) projects. In the highway sector alone, the firm has achieved six BOT (Toll) road projects with a total length of above 500 km. Image Source Also read: Welspun One inks MoU with Haryana govt to develop warehouses

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement