WSNRPL Executes Concession Agreement With NHAI
National Highways Authority of India (NHAI) and Welspun Sattanathapuram Nagapattinam Road Private Limited (WSNRPL), a subsidiary of Welspun Enterprises Limited, have executed the Concession Agreement for four-laning of Saftanathapuram to Nagapattinam (Design Ch Km 123+800 to Km 179+555) section of NH-45A (New NH -332) in the State of Tamil Nadu under NHDP Phase-IV on Hybrid Annuity Mode.
WSNRPL will develop the project at a Bid Project Cost of Rs. 2,004.51 crore and first year 0kM cost of Rs. 5 crore. The construction period is 2 years from the Appointed Date. WSNRPL has received a firm sanction letter from lenders for this project.