Ramky Infrastructure's Subsidiary Signs INR 2,085 Crores Contract with Hyderabad Metropolitan Water Supply and Sewerage Board

Ramky Infrastructure Ltd's subsidiary, Mallannasagar Water Supply Limited, has signed a concession agreement with the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB). The project, named 'HMWSSB - Godavari Drinking Water Supply Scheme-Phase-ll & Phase-lll - Filling of Osmansagar & Himayathsagar Reservoirs with Godavari Water for Rejuvenation of Musi River, under Hybrid Annuity Mode of Contract - Including Manning, Operation and Maintenance of Project - Package Il', involves construction within 2 years and Manning, operation and Maintenance (MoM) for a period of 10 years from completion of construction. The total value of the project is INR 2,085 Crores. The contract is domestic and is between unrelated parties.