Delhi Jal Board Awards Veolia Water A Contract To Supply Drinking Water To One Million People In New Delhi (India)
Veolia Water India, a Veolia Water subsidiary, has been awarded a contract by the Delhi Jal Board, the water and wastewater authority for the Indian capital, to manage drinking water production and distribution infrastructure, as well as the water department, for the Nangloi neighborhood in the west of New Delhi.
Under the terms of the 15-year contract, which is expected to be signed at the end of the year, the joint venture set up by Veolia Water India and its local partner, Swach Environment, will supply drinking water 24/7 to one million people in Nangloi.
For the duration of the contract, the volume of sales for the joint venture is expected to be in the vicinity of €282 M.
The capital outlay for rehabilitating the drinking water treatment plant and the networks and installing household connections and individual meters is estimated at €65.6 million, 70% of which will be financed by DJB and the remaining 30% by the joint venture. Work is expected to last four years
This is the largest public-private partnership ever to be formed by New Delhi in the water sector.
The Nangloi neighborhood is part of an initial pilot phase for the improvement of the drinking water service in the Indian capital. It will also serve as a test before rolling out the service, based on the highest international drinking water standards, across greater New Delhi with its current population of 18 million.
SOURCE: Veolia Water