Welspun Enterprises Limited has secured the Pune Shirur highway project with an estimated investment of 7,300 INR-Crore in Maharashtra. The company received the Letter of Award (LoA) on Wednesday, April 29, from Maharashtra State Infrastructure Development Corporation (MSIDC).
The project involves the development of a six-lane, partially elevated highway corridor on NH-753F between Pune and Shirur. It will span an approximate length of 53.4 Km. The project will be executed under the Design, Build, Finance, Operate and Transfer (DBFOT) model with a 29-year concession period, including a 4-year construction phase. The scope includes road construction, elevation structures, and associated highway infrastructure.
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Once completed, the Welspun Pune highway project will improve regional connectivity and logistics efficiency. It is also expected to support industrial growth and corridor-based development in Maharashtra.
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