SPML Infra fixes water infra projects on radar

SPML Infra fixes water infra projects on radar
In view of the emerging huge business opportunities in the water infrastructure sector, SPML Infra has decided to play a key role as the project envisaged connecting about 140 million remaining rural and urban households in five years. The water resources in India are under tremendous pressure as availability of safe drinking water is not sufficient to cater to the population. The rate of groundwater withdrawal is extremely high as compared to available supplies and expanding cities will see demand for fresh water supply rising exponentially. In such a scenario, the 'nal se jal' scheme will lead to a huge investment in water infrastructure development in the country that will help in addressing the issues of drinking water supply. In fact, SPML Infra started managing water at the time when nobody was talking about it as it was not a business proposition. With sheer commitment and dedication, the company continued to develop water infrastructure in different states. In about four decades, it has completed over 600 projects of infrastructure development out of which more than 500 projects were exclusively in the water supply segment. SPML Infra features among the world‘s top 50 private water companies as per Global Water Intelligence report. From a small water supply projects it first executed in Mizoram, SPML Infra is currently engaged in Phase III of the Saurashtra-Narmada Avtaran Irrigation Project (SAUNI Yojana), a very large and ambitious water supply project in Gujarat which envisages providing drinking water facilities to 39 million people across 132 towns and 11,456 villages along with water for irrigation to 1.8 million hectares of land. As of now, the 24X7 urban water supply projects commissioned by the company in Delhi, Pune and 6 cities in Karnataka are helping about 5 million people with clean drinking water facilities, said an official spokesperson.
📅 Published on: 16 August 2019
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