Projects totalling $80M will provide water to some 127K households
Or Yehuda, Israel – September, 2017: TAHAL Group, a leading global provider of sustainable infrastructure development projects in emerging markets, announced today that it will soon commence two new water infrastructure projects in the state of Jharkhand in eastern India. Totalling $76M, the projects will be implemented for the Drinking Water & Sanitation Department of the Government of Jharkhand, with full financing provided by the government.
The two new projects will be undertaken in the areas north and south of Nirsa, a town in the Dhanbad district of Jharkhand State. When completed, the projects will provide drinking water to some 127K households.
Offered on a comprehensive turnkey basis, the two projects involve the design, construction, operations and maintenance of water treatment and delivery systems. The design and construction phases are expected to last about three years, while the subsequent operations and maintenance phases are projected to last another five years. TAHAL is expected to commence design work in the coming weeks, immediately after the agreements are formally signed by the two parties.
“Indian Prime Minister Narendra Modi visited Israel this past July. In a meeting with local CEOs in which I participated, the Prime Minister shared his view that infrastructure, water and agriculture are top priorities for his government,” said Saar Bracha, CEO & President of TAHAL Group. “Leveraging our extensive experience, TAHAL is well positioned to realize the vast potential offered by India in all of our business areas – water, wastewater, agriculture, solid waste and natural gas.”
TAHAL Group operates in the Indian sub-continent through TAHAL India. Established as a local subsidiary of TAHAL Group in 2012, TAHAL India currently employs some 100 professionals.
“In the last couple of months, TAHAL has won new projects totalling over $550M in India and Africa,” said Sumit Arora, CEO of TAHAL India. “TAHAL has become one of the leading Israeli infrastructure companies in India, with some $170M worth of projects in India alone over the past two years.”