• 22^nd February 2018

Jain Irrigation Systems Ltd wins Rs. 375 Cr contract from Pune Municipal Corporation

Jain Irrigation Systems Ltd has been awarded Rs 375 Cr turnkey contract by Pune Municipal Corporation. The contract involves "Study, Survey, Investigation, Assessment, Design validation and Revamping of entire Water Supply System including Water Audit, Non Revenue Water reduction, SCADA, Bill reading and generation, Operation and Maintenance of the system"

Under this contract, JISL will undertake a detailed study and analysis of the present intermediate water supply system and will provide the effective solution to convert it in to 24x7 equitable water distribution system with adequate pressure, with considerable reduction in leakages and non-revenue water, SCADA system, O&M and to ensure complete satisfaction of the consumer. This project involves a pipeline of 508Km, installation & billing for 49,000 water meters including 1339 kms laying of utility ducts apart from water pipe line. Pune Municipal Corporation has drawn up an ambitious plan to provide on a 24X7 basis pressurized water supply to residents in its area and also has decided to implement 100% smart metering covering every household of Pune City over the next 5 years. The scheme envisages elimination of the Non - Revenue Water (NRW) of the city by plugging losses and upgrading the entire water supply network. Pune is the first large city in India which will execute a project of this nature on such a large scale.

Mr Atul Jain, Jt Managing Director said after receiving the order, we are proud to have received the order for creating an integrated network of drinking water supply for such a large city and residents of Pune City will experience on completion a seamless drinking water supply at constant pressure with correct metering and billing. We hope this will act like a model project for other cities in Maharashtra and other parts of the country also.

About Jain Irrigation Systems Ltd:

Our Company, Jain Irrigation Systems Limited (JISL) with it’s motto ‘Small Ideas, Big Revolutions’ with more than 10,500+ associates worldwide and revenue of ˜USD 1 Billion, is an Indian multinational company with manufacturing plants in 30 locations across the globe. JISL, its subsidiaries and associates are engaged in providing solutions in agriculture, piping, infrastructure through manufacturing of Micro Irrigation Systems, PVC Pipes, HDPE Pipes, Plastic Sheets, Agro Processed Products, Renewable Energy Solutions, Tissue Culture Plants, Financial Services and other agricultural inputs since more than 34 years. It has pioneered a silent Productivity Revolution with modern irrigation systems and innovative technologies in order to save precious water and has helped to get significant increase in crop yields, especially for more than 6 million small farmers. It has also ushered in new concept of large scale Integrated Irrigation Projects (IIP). ’More Crop Per Drop™’ is the company’s approach to water security and food security.

JISL is early pioneer for IOT in the agri-sector and is leading efforts to create global solutions with precision agriculture. It’s food brand ‘Jain FarmFresh’ is well known all over the world for quality and consistency. All the products and services of JISL help create a sustainable future while fulfilling its vision to ‘Leave this world better than you found it’. JISL is listed in NSE–Mumbai at JISLJALEQS and in BSE at code 500219.

For further information please contact:

Avdhut Ghodgaonkar
Jain Irrigation Systems Ltd
Tel: +91 22 2210 9090
Fax: + 91 22 2262 1177
Email: avdhut.ghodgaonkar@jains.com

SiddharthRangnekar / Vikram Rajput
CDR India
Tel: +91 22 6645 1209/1223
Fax: +91 22 6645 1213
Email: siddharth@cdr-india.com
vikramr@cdr-india.com

DISCLAIMER:

This document may contain statements that could be construed as forward-looking Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ substantially from those expressed or implied. Jain Irrigation Systems Ltd will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.