Breaking News

You are here » Indian-Commodity  :  Top News  :  Welspun Enterprises emerges as lowest bidder for Sattanathapuram to Nagapaftinam project

10-May2018

Welspun Enterprises emerges as lowest bidder for Sattanathapuram to Nagapaftinam project

Welspun Enterprises has emerged as the lowest bidder for four laning of Sattanathapuram to Nagapaftinam (Design Ch Km 123+800 to Km 179+555) section of NH-45A (New NH -332) in the state of Tamil Nadu under NHDP Phase-W on Hybrid Annuity Mode.

National Highways Authority of India (NHAI) has opened the bid on May 9, 2018 for the project and the consortium led by the company has emerged as the Lowest Bidder (L1) at bid price of Rs 1,837.32 crore.

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.


Related News

View all news

Gold futures end higher on Tuesday

Gold futures finished higher on Tuesday, marking biggest single-session percentage rise since November, as investors increased bullion investments amid potential progress on Brexit and trade talks between......

Jeera futures trade lower on NCDEX

Jeera futures traded lower on NCDEX, as speculators reduced exposure on account of reduced export demand in the physical market. Moreover, expectation of higher production due to adequate availability......

Copper futures end higher on weaker dollar

Copper futures ended higher on Tuesday due to a weaker US dollar and hopes that the United States and China would forge a trade deal. A new round of talks between the United States and top metals consumer......

Top News

View all news

Tata Motors signs LTS agreement with its employees

Tata Motors has signed a long-term wage settlement (LTS) agreement with its employees. Under the agreement, workmen will get a wage rise of Rs 9,000 per month along with other incentives based on performance.......

Canara Bank invites bids from merchant bankers to manage its $350-500 million MTN issue: Report

Canara Bank has reportedly invited bids from merchant bankers to manage its $350-500 million issue of senior unsecured/tier-II capital bonds under its medium-term note (MTN) programme. The issue size may......

Alembic Pharma gets USFDA's nod for Acetazolamide Extended-Release Capsules

Alembic Pharmaceuticals (Alembic) has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Acetazolamide Extended-Release Capsules, 500......