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Welspun Enterprises bags contract worth ₹159.75 crore from BMC
short by / on Monday, 26 August, 2024
Welspun Enterprises Limited announces that its subsidiary, Welspun Michigan Engineers Limited (WMEL), has been awarded a contract by the Brihanmumbai Municipal Corporation (BMC) to rehabilitate man-entry sewers in Mumbai using trenchless technology. The contract, valued at ₹159.75 crore (excluding GST) involves the rehabilitation of 17 km of sewers. The stock gained over 1.20% on Monday.