Jain Irrigation has announced that it has been awarded a $32.98 Million (Approx. Rs.2.2 Billion) contract by the Dar es Salaam Water and Sewerage Authority (Dawasa), Tanzania for the Supply and Installation of a Water Distribution Network in Dar es Salaam, Tanzania. Dar es Salaam is the country’s financial capital.
The project is financed by the EXIM Bank of India as part of a Government of India Line Of Credit (LOC) program.
The $32.98 Million project is an integrated water supply project with the principal objective of reducing water distribution losses across the entire network. This project will help supply water to a considerable number of the country’s citizens. Jain irrigation is responsible for the study, design and implementation of various parts of the Project.
This project represents another important milestone in the company’s strategy of participating in the development of the Irrigation/water/ agricultural sector in the vast African continent. The company intends to complete the project within the next 15-18 months or so. This will significantly increase the Company’s growth in exports next year
