NHAI Declares Appointed Date For Welspun Enterprises's 4-laning Project
2019-01-18 Projects Construction Western India
Welspun Enterprises Limited informs that National Highways Authority of India (NHAI) has declared the Appointed Date for the Project as January 16, 2019. The Project entails the 4-laning of Chikhali - Tarsod (Package-II) section of NH-6 from km. 360.000 to km 422.700 (62.7 Km stretch) in the State of Maharashtra (“the Project”), at a bid project cost of Rs. 1,048 crore. Under the Concession Agreement construction of the Project is to be completed within 2.5 years from the Appointed Date and is to be maintained for 15 years from Commercial Operation Date, post which it will be transferred to NHAI. It may kindly be noted that the project has achieved the financial closure and loans are fully disbursable.