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Welspun Road Infra executes concession agreement with PWD, Maharashtra

Friday, 11 Jan 2019
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The Public Works Department, Government of Maharashtra and Welspun Road Infra (WRIPL), a wholly-owned subsidiary of Welspun Enterprises, have executed concession agreement on 10 January 2019 for a road project in Maharashtra.

The work involves upgradation of roads/ two-laning of roads/two-laning of roads with paved shoulder under MRIP Package on hybrid annuity mode (HAM) Package No AM 2 under Public Works Circle, Amravati.

WRIPL will develop the road project at a bid project cost of Rs 1,460 crore. The first year operations and maintenance (O&M) cost is Rs 31.50 crore.

The construction period is two years from the appointed date and O&M period is 10 years after commercial operation date.


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