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BSE SENSEX
73,852.94
+114.49
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Corporate Announcement
Security Code
532553
Company
Welspun Enterprises Ltd
Exchange Received Time
05/08/2020 23:17:19
Exchange Disseminated Time
05/08/2020 23:17:24
Time Taken
00:00:05
PCOD (Provisional Commercial Operation Date) In Respect Of Project For 4-Laning Of Chutmalpur- Ganeshpur Section Of NH-72A & Roorkee - Chutmalpur- Gagalheri (Uttar Pradesh/ Uttarakhand) Section Of NH-73. |
08/05/20 23:17
The Company is pleased to inform receipt of PCOD w.e.f. August 5, 2020 in respect of project for 4 - Laning of Chutmalpur- Ganeshpur section of NH-72A & Roorkee - Chutmalpur- Gagalheri (Uttar Pradesh/ Uttarakhand) section of NH-73 under Hybrid Annuity Model ('HAM') executed for National Highways Authority of India ('NHAI'). The project completion cost is over Rs. 1,070 crore. With this event, the Company is entitled to receive annuity payment from NHAI every six months in accordance with the provisions of HAM Concession.
This is the second HAM project completed by the Company post completion of the country's first HAM project - Delhi-Meerut Expressway Package-1.
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