Ramky Infrastructure gets Rs 2,085 cr contract to aid supply of Godavari water to Hyderabad

author-image
NewsDrum Desk
New Update

New Delhi, Sep 19 (PTI) Ramky Infrastructure on Friday said it has secured a contract worth Rs 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.PTI BKS BKS ANU ANU