Brief: Welspun Enterprises' Unit Inks Concession Pact With Madhya Pradesh State Industrial Development Corp

Welspun Enterprises

10/01/2018 12:45

Jan 10 (Reuters) - Welspun Enterprises Ltd  WELS.NS : 
    * MADHYA PRADESH STATE INDUSTRIAL DEVELOPMENT CORP, UNIT 
DEWAS 
WATERPROJECTS WORKS ENTERS CONCESSION AGREEMENT 
    * AGREEMENT FOR RESTRUCTURING DEWAS INDUSTRIAL WATER SUPPLY 
PROJECT 
    * SAYS ESTIMATED PROJECT COST OF RESTRUCTURED PROJECT IS 
1.18 
BILLION RUPEES 
    * WELSPUN ENTERPRISES -PROJECT CONSTRUCTION SCHEDULE IS 12 
MONTHS, 
CONCESSION PERIOD IS UP TO JUNE 15 2037 AFTER WHICH IT WILL BE 
TRANSFERRED TO MPSIDC 
 
Source text: http://bit.ly/2ALFlpS 
Further company coverage:  WELS.NS  
 
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