Vishvaraj Infrastructure Ltd Supports For Private Intervention

Recently, at the World Water Leadership Congress & Awards, Vishvaraj Infrastructure Limited (VIL), won two major awards. The company won the presitigious Water Reuse Project of the Year and Mr Arun Lakhani, VIL’s chairman and managing director won the award for Outstanding Contribution to Water.

Does it not make sense for more private companies to be a part of the water industry? Firstly, the level of efficiency in private sector is much better and can be put to use in PPP model for public good. The private sector could be more useful in removing inefficiencies through private intervention and investments are better sourced.

Even the huge risk which can be averted by transferring projects from the government to the private sector. PPPs, like the one with VIL and Veolia Water can also bring new and cost effective technology for creation of infrastructure, managerial efficiency, competency for operation and maintenance and the contractual accountability.

In fact, it is fair to say that all the government systems have fallen short  to deliver the desired level of service to citizens due to lack of accountability. PPPs will automatically bring accountability of the private entity. After all, a private entity brings in the investment with a long term commitment for the project.
VIL India provides global solutions that contribute to sustainable development in the water sector through innovation in the design, construction and operation of drinking water treatment plants, distribution system reforms, etc. The Company has executed or in execution projects worth approximately Rs 27,500 million across the three sectors primarily through PPP contracting and few through EPC route.