Brief: Welspun Enterprises Gets LoA From PWD, Government Of Maharashtra

Welspun Enterprises

09/11/2018 03:01

Nov 9 (Reuters) - Welspun Enterprises Ltd  WELS.NS :
    * WELSPUN ENTERPRISES - GETS LETTER OF AWARD FROM PWD,
GOVERNMENT
OF MAHARASHTRA
    * SAYS BID PROJECT COST IS 14.60 BILLION RUPEES
    * WELSPUN ENTERPRISES - CO WILL GET FROM PWD 60 PERCENT OF
BID
PROJECT COST DURING THE CONSTRUCTION PHASE, IN FIVE EQUAL
INSTALLMENTS
    * WELSPUN ENTERPRISES - BALANCE 40 PERCENT OF BID PROJECT
COST
WILL BE SERVICED THROUGH SEMI ANNUAL ANNUITY PAYMENTS OVER 10
YEARS

Source text - http://bit.ly/2AWm4Fx
Further company coverage:  WELS.NS 

 ((Reuters.Briefs@thomsonreuters.com;))