Ramky Infrastructure won a ₹2,085 crore contract from Hyderabad Metropolitan Water Supply and Sewerage Board.
The project is part of the Godavari Drinking Water Supply Scheme – Phase II & III.
It involves filling Osmansagar and Himayathsagar reservoirs with Godavari water to rejuvenate the Musi River.
Work will be executed through subsidiary Mallannasagar Water Supply Ltd under the Hybrid Annuity Model.
Ramky Infrastructure on Friday said it has secured a contract worth ₹2,085 crore from the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB).
The contract is in relation to the Godavari Drinking Water Supply Scheme – Phase II & Phase III, which includes filling the Osmansagar and Himayathsagar reservoirs with Godavari water to aid the rejuvenation of the Musi River.
According to a statement, the project will be executed through Mallannasagar Water Supply Limited, a subsidiary of Ramky Infrastructure, under the Hybrid Annuity Model (HAM).
As part of the contract, Ramky Infrastructure will undertake construction within two years, followed by manning, operation, and maintenance for a period of 10 years after completion, it said.
Commenting on the development, Managing Director Yancharla Rathnakara Nagaraja said: “This project reinforces our commitment to building sustainable water infrastructure that not only addresses the growing drinking water needs." Ramky Infrastructure Limited (Ramky) is a flagship company of Ramky Group.
Since the incorporation of its business in 1994, the company has completed a wide range of construction and infrastructure projects focusing on Industrial Infrastructure development and EPC & HAM projects in the fields of water, waste water treatment, roads, bridges, and urban infrastructure development.
