Welspun Enterprises Limited (WEL)
Welspun Enterprises has agreed to take over a Hybrid Annuity Mode Project i.e. Six-Laning of Existing Kozhikode Bypass (Vengalam Jn. to Ramanattukara Jn.) of NH-66 in the state of Kerala from the existing Concessionaire, Calicut Expressway Private Limited through the process of Harmonious Substitution of the NHAI. The original Bid Project Cost of the Project, of 28.4 Kms length, is Rs. 1,710 crores. The current estimated Bid Project Cost with price index escalation is over Rs. 1,900 crore, and the first-year O&M is Rs 6.30 crore. The Project is proposed to be undertaken by a wholly-owned subsidiary of the Company.
Location: Kozhikode Kerala
Estimated Value (Rs. Cr): NA
Sector: Roads/Highways/Bridges
Project Stage: Project Update
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