The BrihanMumbai Municipal Corporation (BMC) has focussed big on completing ongoing mega-infrastructure projects in Mumbai for which it plans to deploy its huge reserves which fetch low rates of interests selectively as is the practice since 3 .
WEL focuses on road and water projects under the hybrid annuity model and via large-value engineering, procurement and construction contracts. The company which exited fiscal 2023 with an order book of over Rs 10,100 crore — split roughly 60:40 between water and roads — has identified a pool of projects worth Rs 67,000 crore across the two segments.