Welspun Enterprises Limited (WEL), the infrastructure and energy arm of Welspun World, on Friday announced that it has secured a significant contract to Design, Build and Operate a 2,000 MLD (million litres per day) Water Treatment Plant (WTP) at 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 & 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 outstanding order book of the company as on December 31, 2023 was Rs 8,500 crore. With the addition of this order, it said, the outstanding order book of the company would be around Rs 12,650 crore, of which ~Rs 9,750 crore is from the water sector and the balance ~Rs 2,900 crore is from the road sector. This order book consists of Rs 3,677 crore of O&M & Asset replacement.
The proposed water treatment plant 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, a technology company specializing in the water sector, as its Technology provider for the upcoming plant.
WEL is currently executing some prestigious projects including the Rural Water Supply Project under Government of India’s Jal Jeevan Mission in Uttar Pradesh covering around 2,500 villages and the 418 MLD Waste Water Treatment Facility (WwTF) project at Dharavi, Mumbai. In August 2023, WEL acquired Michigan Engineers Pvt Ltd (now renamed to Welspun Michigan Engineers Limited) to expand in the urban water infrastructure and tunnelling solutions segment.
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.”
Sandeep Garg, Managing Director, Welspun Enterprises Limited, said, “We are honoured to have been chosen as the preferred bidder by the BMC. With the Bhandup WTP project, WEL has expanded its porƞolio to encompass a comprehensive range of solutions across the entire water spectrum. The water sector continues to be one of the key focus areas for us and this order synergises well with our overall growth strategy. Our strong capabilities and proven track record in delivering high value and critical infrastructure projects stand us in good stead to bag significant opportunities in 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.”
