Monday, Apr 29 2024 | Time 19:26 Hrs(IST)
image
Business EconomyPosted at: Mar 1 2024 12:17PM


Mumbai: WEL secures new order to design, build & operate 2,000 MLD water treatment plant at Bhandup

Mumbai, Mar 1 (UNI) Welspun Enterprises Limited (WEL), the infrastructure and energy arm of Welspun World, has secured a significant contract to design, build, and operate a 2,000 MLD (million litres per day) water treatment plant (WTP) at the Bhandup Complex in Mumbai from the Brihanmumbai Municipal Corporation (BMC).
The contract, valued at Rs. 4,123.88 crore, encompasses the design, construction, and operations and maintenance of the plant.
The value includes an operations and maintenance (O&M) component of Rs. 1,880.44 crore. The design-build project is slated to be completed within a timeframe of 48 months, following which WEL will undertake O&M responsibilities for a period of 15 years.
The proposed water treatment plant, one of the largest in the world in terms of capacity, is located at BMC’s Bhandup Complex, which currently supplies drinking water to Mumbai City through existing water treatment plants.
WEL has partnered with Veolia, one of the world’s largest technology companies specialising in the water sector, as its technology provider for the upcoming plant.
WEL aims to leverage advanced treatment processes and technologies, in line with its commitment to maximising resource utilisation and developing sustainable infrastructure solutions.
Commenting on the achievement, BK Goenka, Chairman, Welspun World, said, “The Bhandup WTP project marks a significant milestone in Welspun Enterprises’ growth journey. I firmly believe that our unwavering focus on technology and innovation will culminate in the development of a world-class, sustainable water treatment plant, ensuring access to clean water for Mumbai citizens while promoting environmental sustainability.”
Commenting on the project, Sandeep Garg, Managing Director, Welspun Enterprises Limited, remarked, “We are honoured to have been chosen as the preferred bidder by the BMC. With the Bhandup WTP project, WEL has expanded its portfolio to encompass a comprehensive range of solutions across the entire water spectrum.
The water sector continues to be one of our key focus areas, and this order synergizes well with our overall growth strategy. Our strong capabilities and proven track record in delivering high-value and critical infrastructure projects put us in good stead to bag significant opportunities in the future. Our team is fully committed to ensuring the highest standards of quality and efficiency in delivering this project, reflecting our unwavering dedication to excellence.”
UNI JS XC SY GNK
Please log in to get detailed story.
Tags: #Mumbai: WEL secures new order to design# build & operate 2#000 MLD water treatment plant at Bhandup
More News

Coromandel begins project work for Rs 1,000 cr Phosphoric, Sulphuric Acid plants in AP

29 Apr 2024 | 7:06 PM

Chennai, Apr 29 (UNI) Coromandel International Limited, India’s leading agri solutions provider,
has commenced the project activity to set up its Phosphoric Acid-Sulphuric Acid complex facility
at Kakinada in Andhra Pradesh.

see more..

29 Apr 2024 | 7:05 PM

New Delhi, April 29 (UNI) KPIT Technologies, an independent software integration partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, on Monday announced about 5.8 per cent jump in net profit at Rs 164.4 crore during Q4 (January-March) period of financial year 2023-24.

see more..

29 Apr 2024 | 6:46 PM

New Delhi, April 29 (UNI) Non-banking finance company Poonawala Fincorp on Monday said it has registered a 25 per cent jump in net profit at Rs 332 crore during Q4 (January-March) of FY 2023-24.

see more..

PNB Housing Finance net profit up 57 pc to Rs 439cr in Q4

29 Apr 2024 | 5:58 PM

New Delhi, April 29 (UNI) PNB Housing Finance on Monday reported 57.27 per cent year-on-year jump in consolidated net profit at Rs 439.25 crore for January-March quarter (Q4) of the financial year 2023-24.

see more..

ICRA firm gets Sebi nod for providing ESG rating

29 Apr 2024 | 5:36 PM

New Delhi, April 29 (UNI) Credit-rating agency ICRA said on Monday that market regulator Securities and Exchange Board of India (Sebi) has granted its approval for registration of Pragati Development Consulting Services Ltd (PDCSL), a wholly-owned subsidiary of ICRA, as a Category-I ESG Rating Provider (ERP).

see more..
image