+
Welspun Wins Rs 87,450 Million Pune-Shirur Elevated Corridor Project
ROADS & HIGHWAYS

Welspun Wins Rs 87,450 Million Pune-Shirur Elevated Corridor Project

Welspun Enterprises Limited has emerged as the lowest bidder for the Rs 87,450 million Pune–Shirur elevated highway project, announced the Maharashtra State Infrastructure Development Corporation (MSIDC). The 54 km, six-lane corridor will be developed on a Build-Operate-Transfer (BOT) basis under a public-private partnership (PPP) model.

The project, part of the Pune-Chhatrapati Sambhaji Nagar Highway Improvement Plan, is designed to reduce travel time between Pune and Shirur from over two hours to approximately 45 minutes.

Financial bids were opened on 7 October, with Welspun quoting 87,450 million, followed by Adani Enterprises at Rs 101,240.7 million and GR Infraprojects at Rs 103,358.2 million. Though Welspun’s bid exceeds MSIDC’s estimate by 45.95 per cent, officials are expected to conduct detailed financial negotiations before granting final approval.

The project was re-tendered following the cancellation of an earlier plan by the MSRDC. Construction is expected to commence by mid-2026 and is likely to take around four years to complete.

Using the existing Pune-Ahilya Nagar highway alignment, the elevated corridor will minimise land acquisition requirements while providing faster connectivity to Samruddhi Mahamarg and Chhatrapati Sambhaji Nagar once completed.

Welspun Enterprises Limited has emerged as the lowest bidder for the Rs 87,450 million Pune–Shirur elevated highway project, announced the Maharashtra State Infrastructure Development Corporation (MSIDC). The 54 km, six-lane corridor will be developed on a Build-Operate-Transfer (BOT) basis under a public-private partnership (PPP) model. The project, part of the Pune-Chhatrapati Sambhaji Nagar Highway Improvement Plan, is designed to reduce travel time between Pune and Shirur from over two hours to approximately 45 minutes. Financial bids were opened on 7 October, with Welspun quoting 87,450 million, followed by Adani Enterprises at Rs 101,240.7 million and GR Infraprojects at Rs 103,358.2 million. Though Welspun’s bid exceeds MSIDC’s estimate by 45.95 per cent, officials are expected to conduct detailed financial negotiations before granting final approval. The project was re-tendered following the cancellation of an earlier plan by the MSRDC. Construction is expected to commence by mid-2026 and is likely to take around four years to complete. Using the existing Pune-Ahilya Nagar highway alignment, the elevated corridor will minimise land acquisition requirements while providing faster connectivity to Samruddhi Mahamarg and Chhatrapati Sambhaji Nagar once completed.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code