By IANS
Mumbai : Israel’s national water management company Mekorot will explore potential projects in water supply systems and reclamation projects in India in collaboration with water infrastructure and agrarian instrumentation developer Jain Irrigation Systems Ltd (JISL).
The two companies have signed a memorandum of understanding (MoU) where Mekorot will contribute and provide design capabilities and technologies required for water projects. JISL will focus on the procurement of equipment and execution of plants.
JISL Wednesday informed the Bombay Stock Exchange (BSE) that both the companies are presently scouting potential projects in the field of desalination plants, water resource management, water supply systems, municipal water management, wastewater treatment and reclamation projects.
Talking to IANS from Jalgaon in northwest Maharashtra, JISL company secretary and compliance officer A.V. Ghodgaonkar said the projects currently envisaged are those where governments are keen to go for public private partnership (PPP) schemes.
“Though the modalities of the projects are yet to be finalised, both the companies are right now focusing on proposed water schemes throughout the country and pinpoint the kind of expertise needed for a particular project,” he said.
Talking about Mekorot, Ghodgaonkar said the company was formed in 1937. It currently supplies 80 percent of the drinking water and operates 3,000 installations apart from treating water resources, surface water, underground water, brackish water, seawater and effluents in Israel.
“JISL, which has a market capitalization of over Rs.4 billion, has been involved in water distribution and water conservation for over last three decades and have been providing turnkey solutions for water distribution both in urban and rural areas and water conservation through its drip irrigation division,” he said.