January 10, 2018 / 12:54 PM / 13 days ago

BRIEF-Welspun Enterprises' Unit Inks Concession Pact With Madhya Pradesh State Industrial Development Corp

Jan 10 (Reuters) - Welspun Enterprises Ltd:

* MADHYA PRADESH STATE INDUSTRIAL DEVELOPMENT CORP, UNIT DEWAS WATERPROJECTS WORKS ENTERS CONCESSION AGREEMENT

* AGREEMENT FOR RESTRUCTURING DEWAS INDUSTRIAL WATER SUPPLY PROJECT

* SAYS ESTIMATED PROJECT COST OF RESTRUCTURED PROJECT IS 1.18 BILLION RUPEES

* WELSPUN ENTERPRISES -PROJECT CONSTRUCTION SCHEDULE IS 12 MONTHS, CONCESSION PERIOD IS UP TO JUNE 15 2037 AFTER WHICH IT WILL BE TRANSFERRED TO MPSIDC Source text: bit.ly/2ALFlpS Further company coverage:

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