Jain Irrigation Awarded Rs 220 Crs. Water Project in Africa

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Jain Irrigation Awarded Rs 220 Crs. Water Project in Africa

09 December 2015, Jalgaon  Jain Irrigation today announced award of $32.98 Million (Approx. Rs.2.2 Billion) contract by DAR ES SALAAM Water and Sewerage Authority (DAWASA), Tanzania for the Supply and Installation of Water Distribution Network in DAR ES SALAAM, Tanzania. DAR ES SALAAM is the financial capital of Tanzania.

The project is financed by EXIM Bank of India under Gov. of India Line Of Credit (LOC) program.

The $32.98 Million project is an integrated water supply project with unique design to ensure reduced water supply losses across entire network. This project will create complete network of water for large number of citizens.Jain irrigation is responsible for Survey, Design and execution of the various Project components.

This project is another milestone in company’s strategy of participating in a meaningful way in Irrigation/water/agriculture sector growth across large continent of Africa.

Company intends to complete the project in next 15-18 months or so. This will help Company to grow its exports next year significantly.

 

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