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Welspun Enterprises Ltd. Secures Order From BMC

Welspun Enterprises Ltd. Secures Order From BMC

BY Realty Plus
Published - Thursday, 10 Oct, 2024
Welspun Enterprises Ltd. Secures Order From BMC

Welspun Enterprises Limited (WEL), the infrastructure and energy arm of Welspun World, has secured a significant Design and Build contract for the design and construction of Tertiary Treated Water Conveyance Tunnel from Dharavi Wastewater Treatment Facility (WWTF) to Ghatkopar WWTF, from the Brihanmumbai Municipal Corporation (BMC).

The contract, valued at Rs. 1989.40 Crores (excluding GST), encompasses the design and construction of two very deep shafts at Ghatkopar WWTF and Dharavi WWTF, and an 8.48 km long reinforced in-situ concrete lined tunnel of 2.7 metre finished diameter. This tunnel is to be constructed using tunnel boring machine (TBM). The project is to be completed within a timeframe of 93 months.

The outstanding order book of the Company as on June 30, 2024 was Rs. 12,300 Crores on standalone basis. With the addition of this order, the outstanding order book of the Company is Rs. 14,300 Crores (less execution done in Q2 FY25), of which Rs. 9,900 Crores is from the water sector (including Rs. 4,400 Crores from O&M & Asset replacement), Rs. 1,989 Crores from newly added Tunnel segment and the balance ~Rs. 2,400 Crores is from transportation sector (excluding Rs. 1,900 Crores for a Road project bid, for which the Company is L1).

Additionally, Welspun Michigan Engineers Limited, our subsidiary company, has also been awarded a project valued at Rs. 24.60 Crores, for wastewater treatment in the State of Maharashtra.

With the new order inflows, the consolidated order book is Rs. 15,800 Crores (less execution done in Q2 FY25).

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