Welspun Enterprises gets Provisional Certificate for Commercial Operation of road project in Haryana
1st Apr 2022

Welspun Enterprises has received the Provisional Certificate for Commercial Operation (PCOD) effective March 31, 2022, from National Highways Authority of India (NHAI) for a length of 53.763 km (77.96%) out of total project length of 68.960 km, in respect of 8-laning of section of NH-1 (New NH-44) from Mukarba Chowk to Panipat on BOT (Toll) Basis in the State of Haryana. With this, Welspun Infrafacility (SPV), a wholly-owned subsidiary of the company is entitled to collect toll on this BOT (Toll) Project.

Out of the company’s total HAM road portfolio of 7 projects of around Rs. 10,000 crore, 5 projects of Rs 6,300 crore had earlier achieved PCOD/COD. With the PCOD of this BOT (Toll) project, a total of 6 projects (of Rs 8,500 crore), in the Company’s overall road portfolio of over Rs 12,000 crore, are now revenue-generating

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.