Mumbai, April 30 -- The order pertains to the development of a six-lane partially elevated highway project on the Pune-Shirur stretch of NH-753F, covering a minimum design length of 53.4 km. The project has been awarded on a DBFOT (Design, Build, Finance, Operate, and Transfer) basis, under a sub-concession period of 29 years, including a construction period of four years from the appointed date.

The project forms part of one of Maharashtra's fastest-growing economic corridors and is expected to enhance connectivity across key nodes including Wagholi, Kharadi, Lonikand, Ranjangaon, and Shikrapur. It is also expected to ease congestion and improve freight efficiency between Pune and Shirur.

The order win significantly strengthens Welspun...