Welspun and Veolia to build a $500 million water treatment facility in Mumbai.

Welspun Enterprises Limited (WEL), the infrastructure and energy arm of Welspun World, has secured a significant contract from the Brihanmumbai Municipal Corporation (BMC) to Develop, Construct, and Manage a 2,000 MLD (million litres per day) Water Treatment Plant (WTP) at the Bhandup Complex in Mumbai, as per Business Standard.

The new water treatment facility in Mumbai is valued at Rs 4,123.88 crore (approximately $500 million) and is aimed at tackling the city’s enduring water scarcity challenges. Positioned within BMC’s Bhandup Complex, which presently serves Mumbai City’s water requirements, it is poised to be one of the largest in capacity globally.

WEL has partnered with Veolia, a prominent water technology company, as its technology collaborator for this project.

The agreement covers the planning, construction, and operation and maintenance of the plant, with an O&M component of Rs 1,880.44 crore. The project is set to be completed within 48 months, following which WEL will oversee operations and maintenance for 15 years.

In a press release, BK Goenka, Chairman of Welspun World, stated, “The Bhandup WTP project signifies a significant achievement in Welspun Enterprises’ expansion journey. I am confident that our steadfast emphasis on technology and innovation will result in the establishment of a top-tier, sustainable water treatment plant, ensuring access to clean water for the residents of Mumbai while championing environmental sustainability.”

Sandeep Garg, Managing Director of Welspun Enterprises Limited, remarked, “We are privileged to have been selected as the preferred contractor by the BMC. With the Bhandup WTP project, WEL has broadened its portfolio to encompass a comprehensive array of solutions spanning the entire water spectrum. The water sector remains a focal point for us, and this contract aligns seamlessly with our overarching growth strategy. Our robust capabilities and proven track record in delivering high-value and critical infrastructure projects position us well to secure significant opportunities in the future. Our team is fully dedicated to upholding the highest standards of quality and efficiency in executing this project, reflecting our unwavering commitment to excellence.”

Source:Business Standard

Leave A Reply

Your email address will not be published.