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Welspun Enterprises Bags $500 Million Contract to Establish Water Treatment Plant in Mumbai

Last Updated on 08th February 2024

Welspun Enterprises Ltd. has secured the contract for the development of a 2 billion liters per day water treatment plant from Brihanmumbai Municipal Corp. The total contract value is approximately USD 500 million (INR 4138 crore). Subsequently, the water treatment plant will be designed and constructed within 48 months.

 

Welspun Enterprises Bags $500 Million Contract to Establish Water Treatment Plant in Mumbai

 

According to a company filing, Welspun Enterprises won the design-build-and-operate contract to develop a water treatment plant at a Bhandup complex, enhancing Mumbai's essential water infrastructure.

 

This large-scale project is expected to generate significant revenue and profitability for Welspun Enterprises, contributing to its overall growth strategy. Moreover, it will create employment opportunities and foster the development of crucial water infrastructure in Mumbai, benefiting millions of residents.

 

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Welspun Enterprises emerged as the lowest bidder, demonstrating competitive pricing and a proven track record in water infrastructure projects. The company possesses expertise in various water treatment technologies and has successfully executed similar projects across India.

 

This win strengthens Welspun's position as a leading player in the water infrastructure sector and paves the way for further opportunities in this critical domain. Refer to our database for further details on upcoming and ongoing water treatment projects executed by Welspun Enterprises.

 

Read: Global Water Treatment Systems Market Report

 

About Welspun Enterprises

 

Welspun Enterprises Limited (WEL) is one of India's fastest-growing infrastructure developers, with a diversified portfolio of projects in the infrastructure and energy sectors. They specialize in the development and operation of roads and highways and water and wastewater projects across various public-private-partnership (PPP) models in rural and urban parts of the country. 

 

In line with their diversification strategy, they have also invested in oil and gas exploration assets through a joint venture company, Adani Welspun Exploration Limited (AWEL). To learn more about Welspun’s projects, refer to our oil and gas and infrastructure databases.

 

Read: Asia-Pacific Industrial Wastewater Treatment Market Report

 

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