Welspun Enterprises Limited — New Orders, 25-03-2025: Bagging/Receiving of orders/contracts

Welspun Michigan Engineers Limited (WMEL), a subsidiary of Welspun Enterprises, has secured a significant work order from the Brihanmumbai Municipal Corporation for the upgradation of the Haji Ali Storm Water Pumping Station in Mumbai, valued at Rs. 328.12 Crore. This includes 15 years of operations and maintenance and is scheduled for completion in 18 months from October 2025. With this project, WMEL's order book will increase to approximately Rs. 2,915.42 Crore. The management emphasized the project’s importance for urban infrastructure and sustainable water management. This development may positively influence investor sentiment, showcasing WMEL's growth capabilities in essential infrastructure projects.