Welspun Receives LOA From NHAI For Road Project In Tamil Nadu
Welspun Enterprises Limited has received the Letter of Award (LoA) from National Highways Authority of India (NHAI) for the four laning of Sattanathapuram 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.
The consortium led by the Company will develop the project at a Bid Project Cost of INR 20045.1 million and first-year O&M cost of INR 50 million. The construction period is 2 years from the Appointed Date.
The Company’s HAM portfolio now stands at over Rs. 7,000 crore consisting of six projects, of which five have achieved Financial Closure.
- Issued By:NATIONAL HIGHWAYS AUTHORITY OF INDIA
- Bagged By:
- Region:Southern India
- State:Tamil Nadu
- Value:INR 20045.1 Million
- Published On:2018-07-05