On 24 January 2008, Brihanmumbai
Municipal Corporation (BMC) awarded the contract and signed a memorandum of
understanding with French company, Degremont Suez for the design, construction
and operation of the 990 MLD water treatment plant under the Middle Vaitarna
Project at Bhandup in Thane district.
The contract is valued at Rs.340
crore. The project is being financed 30 per cent by the Union government (30 per
cent), Maharashtra government (20 per cent) and the remaining directly by the
Municipal Corporation of Greater Mumbai (MCGM).