MEIL Wins ₹7,360 Crore Godavari Water Supply Project Tender
Megha Engineering and Infrastructures Limited (MEIL) has been awarded a ₹7,360 crore contract for the Godavari Drinking Water Supply Scheme. This project is significant for enhancing water supply and rejuvenating local water bodies.

Megha Engineering and Infrastructures Limited (MEIL) has secured a ₹7,360 crore contract for the Godavari Drinking Water Supply Scheme, following government approval via GO 447. The project, to be executed through a special purpose vehicle (SPV), will utilize a hybrid annuity model, with 60% funding from MEIL and 40% from the government.
Key components include laying twin 3,000-mm diameter pumping mains, constructing pump houses, and developing a 1,170 million litres per day water treatment facility. The project aims to support Osmansagar and Himayatsagar reservoirs and the Musi River rejuvenation. The state has adopted a 10.36% interest rate for the project's financing over ten years.




Comments