India is on the verge of water crisis today. The crisis is twofold: major losses in potable water supply and inadequate sewage treatment facilities across the country.
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Integrated water management key to avert water crisis
Improve services and engagement with users
Arun Lakhani, Chairman and Managing Director, Vishvaraj Infrastructure, says users will pay for drinking water if service providers improve service and engagement levels. Lakhani, whose firm has successfully rolled out the much-acclaimed 'Nagpur 24x7 Water Supply Scheme' in partnership with the French firm Veolia, also feels that the government needs to enunciate a policy on water reuse to make treated water an attractive proposition for the industry.
Infra-vestment | Follow the Money
India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.
I call it the 4-P model where the fourth P stands for people
It is yet to emerge as an organised sector in comparison to the other sectors where you have model concession agreements. The bankers are also very familiar with terms and conditions.
Vishvaraj plans Rs.6,000 cr investment in waste water projects
Vishvaraj Infrastructure plans to invest around Rs.6,000 crore over the next five years to tap the growing market for waste water treatment.