VIL Sees Growth With Water Privatization
It can be a quarrelsome issue, but water privatization could prove beneficial to the country.
Let reevaluate the scenario and recalculate the true effects of leaving water in private hands. Better still lets go to Nagpur where the city pumps 540 million litres of water every single day, but only 140 million litres is accounted for. This leaves the state at a loss of 400 million litres.
Should not the remaining water be incentivised?
Companies like Vishvaraj Infrastructure Limited (VIL) who won two major awards in the sector at the recent World Water Leadership Congress & Awards may just be the answer. The company won the presitigious Water Reuse Project of the Year and Mr Arun Lakhani, VIL’s chairman and managing director won the award for Outstanding Contribution to Water.
Those who fear water privatisation do not fully comprehend its benefits. Their fears are baseless, like privatisation could lead to a supply shortage, where private companies will only pay those with the highest fee.
Here, this would not happen as private firms, like VIL, would only be involved in making tap water connections available to all houses and metering them. On the matter of fees and tariffs, it would be decided by the concerned municipal body.
With Nagpur 24x7, as its center point of projects based on water distribution, the company has similarly been implementing projects in cities like Magadi, Bidar, Basavakalyan, Shahabad and Yadgir in Karnataka. In the southern state, VIL plans to create 3.81 lakh water connections and lay 992 km of pipelines.
Once these projects get completed, more than 80,000 people will be able to drink water straight from their taps in these five cities, similarly seen in developed countries. The Nagpur-based company plans to overhaul the water distribution network in these cities.
VIL provides global solutions that contribute to sustainable development in the water sector through innovation in the design, construction and operation of drinking water treatment plants, distribution system reforms, etc. The Company has executed or in execution projects worth approximately Rs 27,500 million across the three sectors primarily through PPP contracting and few through EPC route.
Let reevaluate the scenario and recalculate the true effects of leaving water in private hands. Better still lets go to Nagpur where the city pumps 540 million litres of water every single day, but only 140 million litres is accounted for. This leaves the state at a loss of 400 million litres.
Should not the remaining water be incentivised?
Companies like Vishvaraj Infrastructure Limited (VIL) who won two major awards in the sector at the recent World Water Leadership Congress & Awards may just be the answer. The company won the presitigious Water Reuse Project of the Year and Mr Arun Lakhani, VIL’s chairman and managing director won the award for Outstanding Contribution to Water.
Those who fear water privatisation do not fully comprehend its benefits. Their fears are baseless, like privatisation could lead to a supply shortage, where private companies will only pay those with the highest fee.
Here, this would not happen as private firms, like VIL, would only be involved in making tap water connections available to all houses and metering them. On the matter of fees and tariffs, it would be decided by the concerned municipal body.
With Nagpur 24x7, as its center point of projects based on water distribution, the company has similarly been implementing projects in cities like Magadi, Bidar, Basavakalyan, Shahabad and Yadgir in Karnataka. In the southern state, VIL plans to create 3.81 lakh water connections and lay 992 km of pipelines.
Once these projects get completed, more than 80,000 people will be able to drink water straight from their taps in these five cities, similarly seen in developed countries. The Nagpur-based company plans to overhaul the water distribution network in these cities.
VIL provides global solutions that contribute to sustainable development in the water sector through innovation in the design, construction and operation of drinking water treatment plants, distribution system reforms, etc. The Company has executed or in execution projects worth approximately Rs 27,500 million across the three sectors primarily through PPP contracting and few through EPC route.
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