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Welspun Enterprises inks concession agreement for water supply project

Friday, 12 Jan 2018
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Dewas Waterprojects Works, a subsidiary of Welspun Enterprises, has entered into a concession agreement with Madhya Pradesh State Industrial Development Corporation (MPSIDC) for Dewas Industrial Water Supply Project under Madhya Pradesh Infrastucture Development (Swiss Challenge) Guidelines 2014.

The estimated cost of the project is Rs 118 crore. The work is to be executed in 12 months and the concession period is upto 15 June 2037, following which it will be transferred to MPSIDC.

The scope of work involves development of water supply project to supply treated water upto 23 MLD to industrial customers in Dewas during the concession period.

Once the project is operational, the earlier Dewas Industrial Water Supply Project from Nemawar of the company will be handed over to PWD, Madhya Pradesh, at no cost.

 

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