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Welspun Enterprises Ltd. Receives its highest value order to build Dharavi Wastewater Treatment Facility

Welspun Enterprises Ltd. has received the single highest value order so far worth INR 4,636 crore from Brihanmumbai Municipal Corporation.

Welspun Enterprises Limited, part of the US$ 2.7 billion Welspun Group has received a high value project from Brihanmumbai Municipal Corporation. Under this project, a joint venture led by Welspun Enterprise Limited will design, build, operate, and maintain the 418 MLD Dharavi Wastewater Treatment Facility including 209 MLD Tertiary treatment facility under Mumbai Sewage Disposal Project, Stage II.

This award takes the order book of the Company to around INR 12,500 crore, of which INR 6,500 crore is in the water sector and the balance INR 6,000 crore is from the road sector.

The company is focused on Hybrid Annuity Model (HAM) projects as a developer.

As of March 31, 2022, the Company’s investments across various projects amounted to around Rs 2,204 crore, with HAM Road Portfolio contributing approximately Rs 1,018 crore, Road BOT projects contributing approx. Rs 629 crore, Water BOT projects contributing approx. Rs 92 crore, Oil & Gas projects contributing approx. Rs 393 crore, and other assets contributing approx. Rs 72 crore.