NHAI: Welspun-Soma Indus wins Varanasi-Aurangabad six-laning

26 Mar 2021 CW Staff

Welspun Group subsidiary, Welspun Enterprises Ltd (WEL), has entered an agreement with Soma Indus Varanasi Aurangabad Tollway, a special purpose vehicle (SPV) promoted by Indus Concessions India and Soma Enterprises, for the six-laning of Varanasi-Aurangabad NH-2 project.

The 192 km six-lane project is situated in Uttar Pradesh and Bihar. The contract value for the company is estimated at Rs 2,366 crore. Under the contract, the WEL will undertake the procurement and construction, while engineering will be undertaken by the SPV.

The project construction is expected to start in April 2021 and likely to be completed in 24 to 27 months, subject to the ongoing discussions between the National Highways Authority of India (NHAI) and the SPV on descoping to non-availability of land.

This addition once operational shall make the outstanding EPC order book position as Rs 10,400 crore. This includes EPC work awarded by subsidiary or joint venture companies and the work being executed during Q4 FY21.

WEL, part of the Welspun Group, is an operating company as well as a holding company with activities in infrastructure.

Image Source

Also read: NHAI says it will award Rs 50k cr projects in Q1

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..