Ramky subsidiary secures major Hyderabad water supply contract

Ramky Infrastructure Limited announced today that its subsidiary, MALLANNASAGAR WATER SUPPLY LIMITED, has secured a concession agreement with the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB). This agreement pertains to the "HMWSSB - Godavari Drinking Water Supply Scheme-Phase-II & Phase-III," which involves filling the Osmansagar & Himayathsagar Reservoirs with Godavari Water for the rejuvenation of Musi River.

The project will operate under a Hybrid Annuity Mode of Contract, encompassing manning, operation, and maintenance (MoM). The construction phase is slated for completion within two years, followed by a 10-year MoM period from the date of construction completion.

The total value of this domestic project is INR 2,085 Crores. The contract signifies a substantial undertaking for Ramky Infrastructure Limited and its subsidiary in a critical infrastructure sector.